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A General Overview of Estate Planning Many people believe that estate planning is only necessary if you are elderly or extremely wealthy. However, the truth is that estate planning is important at any point in your life. When you pass away before taking proper legal action and drawing up a binding will, you could end up leaving your assets in probate, making it necessary for your loved ones to fight the state for your estate. This is why estate planning is so important for anyone of any age. Though we all know that we can sit down and draw up a will on our own, the question that many of us are likely to have is how can it be made to be official and legally binding? If you read the papers you probably have seen that wills are being contested in court almost everyday, chiefly because the people who drew them up did not make that final step to make them legally binding so they would stand up in court. When you pass away without a legally viable will, it means that your estate will be distributed according to a court ruling, not according to your wishes. This makes one of the most important functions of an estate planning attorney the ability to draw up a legally binding and legitimate final will. By putting a legally binding will in place, your family members will be sure to receive the assets to which they are legally entitled and you will not have to depend on the state to distribute your estate.
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Estate planning attorneys also handle an area of the law known as probate litigation. If a person passes away without an officially recognized will, the estate of the deceased will go into probate until all claims can be settled. In a probate case, a probate litigation attorney will prove that a will is authentic and all claims are settled accordingly. If you have suffered the sudden loss of a loved one, it may be a good idea for you to contact a probate litigation attorney to help your family settle matters fairly.
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If you are interested in learning more about the steps that you can take to plan your estate before you die, the best thing you can do is discuss your situation with a local estate planning attorney. Estate planning attorneys can help you create a legal will or revise your existing will to reflect your current wishes and also take steps to protect your assets from estate taxes and other agents of the state. To get in touch with an estate planning attorney in your area, the best thing you can do is take a moment to visit their official website. All you have to do to get started is perform a search engine search for a Columbia, S.C. estate planning and probate litigation attorney.