Estate planning can be a lot to take on alone, even if the only valuable things you own are cars and houses. It is essential to plan your estate to prevent creditors from seizing your assets, and doing this without the help of an attorney might be an uphill task.
Our estate planning attorney can help you get everything on paper if you live in Daytona Beach, FL. Here’s why it’s vital to hire an estate planning attorney in Daytona Beach.
To Protect Your Assets From Creditors
A lot of people forget that debts don’t go away in death. State laws allow creditors to pursue the estates of the deceased to recoup funds borrowed. It means that if you don’t plan your estate with an attorney’s help, creditors can force the sale of your physical assets. Ideally, it would be best to leave no debt behind, but that is unattainable for most people.
To Prevent Heir Dispute
If you have physical assets you know your heirs want, a legally binding will keep the fights at bay. Most wills are binding by law and upheld in court by court judges in the event of a contest. For more info on these matters, contact Kistemaker Business Law Group, LLC via https://daytonabusinesslawyers.com.