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Importance of Hiring an Experienced Attorney for Estate Planning

Most hear the word 'estate' and think of wealth, large Utah mansions, drivers, and luxury cars, but in reality, anyone can have an estate, whether they are wealthy or not. The estate plan is a collection of documents that protects your assets and outlines who will inherit these assets.

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Importance of Hiring an Experienced Attorney for Estate Planning

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  1. Importance of Hiring an Experienced Attorney for Estate Planning www.olsonharnish.com

  2. Most hear the word 'estate' and think of wealth, large Utah mansions, drivers, and luxury cars, but in reality, anyone can have an estate, whether they are wealthy or not. The estate plan is a collection of documents that protects your assets and outlines who will inherit these assets. Estate plans include a will, power of attorney, medical power of attorney, living will, and a trust. The main functions of an estate plan are to protect your assets for future generations, allow you to decide who receives your belongings and allow you to choose who will make your decisions. Over 35% of Americans say they experience family difficulties due to not having an estate plan.

  3. Many wait until their elder years to begin estate planning, but it's best to start young and update the estate plan as your needs change. It's important to review the estate plan throughout your life to ensure everything is up to date. Unfortunately, over 71% of Americans do not have an up-to-date will. Estate plan documents must be filed correctly, especially in complex cases, to include your home, cars, cash, and any other assets into an estate plan. If mistakes are made, an estate plan will be considered void. Although you cannot predict the future, you can plan ahead by hiring an attorney to organize the estate plan for you. An estate planning attorney can handle cases from simple to complex. Unfortunately, 53% of Americans say it is too hard to find a reliable advisor to set up an estate plan. Olson Harnish Law understands these difficulties and wants to help!

  4. Estate Planning Attorney in Utah When you work with Olson Harnish Estate Planning attorney in Utah, they take time to curate a plan that works for you and your family's needs. The attorney at Olson Harnish has years of experience with estate planning. In addition, because they're experienced in tax and business laws, they can ensure your business equity is appropriately included within the estate plan. 47% of Americans know that estate planning can provide tax protection. The process is easy with the help of a Utah attorney.

  5. Estate planning is an ongoing deliberate process that is not taken lightly at Olson Harnish law attorney, conveniently located in Salt Lake City, Utah. They specialize in estate planning, among other related practices. To schedule an appointment for estate planning today, visit https://bit.ly/3qCdJj5. For more information, call 385-287-1700.

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