Top Five Questions to Ask Your Real Estate Attorney

Time is of the essence in the fast-paced world of real estate, and with SCC Legal, you can save valuable time that would otherwise be spent deciphering legal jargon and navigating bureaucratic hurdles. Our attorneys are well-versed in the intricacies of real estate law, enabling them to expedite the process while ensuring that every detail is meticulously addressed.

Partnering with SCC Legal is not just about avoiding headaches; it’s about maximizing the value of your investment. Our team is committed to securing the best outcome for you, whether you’re buying your dream home or selling a property. We understand that each transaction is unique, and our tailored approach ensures that you get the best bang for your buck.

So, as we unravel the top five questions to ask your NJ real estate attorney, keep in mind the invaluable role they play in guiding you through every step of the journey. Let’s empower you with the knowledge to make informed decisions and embark on your real estate venture with confidence.

1. What Experience Do You Have?   

Real estate laws vary by local government and state. Your attorney should be qualified to practice in the state where your property is located and have experience with deeds, property taxes, estate planning, zoning, and titles, to mention a few aspects. 

Our SCC Legal attorneys are members of the New Jersey State Bar Association, specializing in commercial, residential, and environmental law. We have been serving NJ families and businesses for over forty years and also have extensive experience with estate planning and elder law.   

2. What Challenges Might Present With the Case?   

Each property case is unique, but there are a few general challenges with commercial and residential property to be aware of. Abandoned oil tanks regulated by environmental legislation might impact a commercial real estate transaction. a residential property could have a lien, or the title search shows the property is in another person’s name other than the seller. A real estate lawyer can only comment on your case after a thorough investigation.  

3. What Services Do You Provide? 

Property transactions require various services. Plus, the documentation involved throughout each step is complex and filled with legal-specific jargon. The right real estate lawyer is willing to help you understand every step of the transaction process. Whether a complex commercial real estate financing deal or a first-time home purchase, your real estate lawyer should be able to give the same undivided attention to each transaction. 

4. How Much Do You Charge?    

You want your estate attorney to be clear and upfront about their fees. The costs related to a property purchase are extensive, from opening an escrow account to home and pest inspections, and you need to keep track of your expenses. A reputable attorney will always keep their client’s best interests at heart, whether completing title searches, ensuring you have the appropriate title insurance policy, or highlighting junk fees from other service providers. 

5. What Is Your Availability and Will Anyone Else Be Working on My Closing? 

You have a right to your real estate attorney’s time when paying for their services, so clarify their availability. Other professionals, such as real estate appraisers, CPAs, and engineers, might be required to provide input into a transaction. At SCC Legal, we have an experienced environmental protection lawyer for commercial real estate matters when the service is required. 

For more information on compliance with environmental regulations, or if you want the assistance of a real estate lawyer, please contact our team at SCC Legal today or visit us at:  https://www.scclegal.com/

Cheap Closing Services Can Be Very Expensive

Embarking on the journey of buying or selling a home is a significant milestone in anyone’s life. However, navigating the complexities of real estate transactions can be a daunting task, especially when it comes to the crucial stage of closing. Many individuals are lured by the appeal of cheap closing services, thinking they’ve found a bargain. However, the reality is that opting for budget-friendly options without considering the expertise behind the service can lead to unforeseen complications and financial pitfalls.

In the world of real estate, the saying “you get what you pay for” couldn’t be more accurate. Choosing a cut-rate closing service might seem like a money-saving strategy initially, but the potential consequences could far outweigh the perceived benefits. This is where the experienced team at SCC Legal steps in to make all the difference in your NJ home closing experience.

Why Cheap Is More Expensive in Real Estate Law   

Imagine choosing to close a property deal yourself – and you forget to do a title search. Then, someone claims the property you bought. A real estate attorney will automatically examine public records to determine the legal ownership of any property you are interested in buying. In this process, they discover potential claims needing resolution before you close on the purchase. 

Real estate owners using discount legal advice might overlook buying title insurance or assume the other parties involved will take care of it. This oversight leaves you unprotected against loss or damage arising from title defects, encumbrances or liens. Real estate closings are complex, and it is sensible to hire a quality real estate lawyer to guide you through it.    

You Get What You Pay For  

Property sale or purchase documentation is intricate and filled with jargon. Without the assistance of a real estate attorney, you might misinterpret information or miss potential problems, with dire consequences. Everything related to a real estate deal involves money. A legal professional can protect your interests by ensuring home and pest inspections are reasonably priced and done by reputable companies. They can also help if you want to renegotiate the purchase offer to cover the cost of repairs revealed by the various inspections.   

Junk fees such as administrative, application review, appraisal review, processing, ancillary and settlement fees can add up. Buyers or sellers with little experience risk being taken advantage of. A reputable real estate lawyer will protect your interests and ensure you pay only legitimate, fair closing fees.

Why Choose SCC Legal for Your NJ Home Closing? 

Why should you choose SCC Legal to protect your interests during a real estate deal? Our attorneys have experience in real estate law, complex commercial closings, and estate planning. We have been serving NJ families for over forty years and whether you are a property buyer or seller, we can represent you fairly. At SCC Legal, we take the time to explain how real estate leases and contracts are structured. Let us handle your agreements, mortgage documents, and correspondence with the opposing attorney, and you will receive the real estate closing you deserve.

If you would like more information about real estate law or how an estate planning attorney in NJ can protect your property, please contact our team at SCC Legal or visit our website at: https://www.scclegal.com/

Decoding Long-Term Care Planning: A Step-by-Step Attorney-Guided Approach

Decoding Long-Term Care Planning_ A Step-by-Step Attorney-Guided Approach

Are you planning your retirement? What an exciting way to start the New Year! You are starting the next phase of your life and can now look forward to going on long vacations and not having to get up early to avoid the morning traffic rush. While we’re not trying to take away from that excitement, retirement planning comes with a lot of important decisions to be made. For one, have you included long-term care planning in your retirement discussions? There comes a period in everyone’s life, whether due to age or illness, when we cannot care for ourselves. Now is the time to meet with a long-term care planning attorney and be clear about your wishes when you’re coherent, not later when you need someone to make decisions on your behalf.  

A Direct Overview to Long-Term Care Planning

Illness could arise suddenly due to a heart attack or a worsening health condition. Or we become frail with age and unable to care for ourselves like we once used to. These events might require long-term care services designed to meet your health or personal care needs. The best time for long-term care planning is now, while you are planning your retirement and still able to make crucial decisions. 

Long-term care planning allows you and your loved ones to learn about available services and their costs, whether it’s in-home care or care that’s provided at an assisted living facility. You also have the opportunity to draw up estate planning documents such as a “living will” and a signed power of attorney that clearly state your preferences and how they should be carried out. 

The Crucial Role of Attorneys in Long-Term Care Planning   

Why should you see a lawyer to discuss and document your long-term care planning preferences? People think you only need an attorney for wills. Lawyers also ensure the legality of documents included in your estate plan that dictate who makes personal decisions on your behalf while you are still living. These documents include:

  • Advanced Healthcare Directive (AHCD). It is also called a “Living Will” or Healthcare Power of Attorney (HCPA). It states your healthcare preferences and indicates who will make medical care decisions on your behalf.   
  • Durable Power of Attorney. A variation of a Financial Power of Attorney, this document stays in effect if you become incapacitated and cannot manage your financial matters. The nominated person’s responsibilities include making financial decisions that coincide with the medical preferences you outlined in your AHCD.
  • Medicaid Asset Trust. Medicare, which is the primary health insurance for seniors, does not cover long term care.  An effective plan to accelerate your eligibility for Medicaid, which does provide long-term benefits, is to transfer assets to your children through a Medicaid Asset Protection Trust.  It is essential, however, to plan ahead since Medicaid has a five year lookback period that bars asset transfers through a trust or otherwise within five years of applying for Medicaid.  An experienced estate planning attorney will be able to provide you with an effective plan to cover your future long term care needs through the creation of a Trust.

Building a Secure Future: Integrating Long-Term Care into Estate Planning

Integrating your long-term care into estate planning is vital to building a secure future. Some people wonder what is estate planning exactly and why is having a will not enough? A will is only one part of the estate planning process, and becomes relevant after you pass away. An estate plan, however, is a comprehensive set of documents, including an AHCD and Durable Power of Attorney, effective while you are alive and after you pass. This plan can also be revisited and updated as your needs change over time. Remember, long-term care is costly, so it’s important to take this time to establish your eligibility for Medicaid or Veterans assistance benefits with your estate planning lawyer too. 

If you would like more information about estate planning, Medicaid or have any other long-term care questions, please contact our team at SCC Legal or visit us at: https://www.scclegal.com/

What Qualities to Look for in an Estate Planning Lawyer

Estate Planning Lawyer

Estate planning is a very personal matter, and you need an estate planning lawyer with plenty of experience and the right qualifications to create an estate plan that protects you, your loved ones, and everything you have worked so hard for. But most of all, you need someone that will listen.

Many people believe that an estate plan and a Last Will and Testament are the same. A will is a big part of the estate planning process, but it’s not all of it. It’s important to understand that a comprehensive estate plan helps you to structure your assets and dictate who should make decisions on your behalf if you are unable to do so.

Why You Need an Estate Planning Lawyer   

Not everyone needs an estate plan, though there are instances where you should consult an estate planning lawyer in NJ. Do you have dependents or minor children? You need to state how your assets should be managed and by whom, until the children come of age.

What happens if you become incapacitated? Who will make decisions on your behalf? Children don’t want to think a time might come when their parents are unable to make decisions about their own finances or health. A comprehensive estate plan will make your wishes clear and limit family disagreements. 

Wouldn’t you rather give your money to your children than the government? A quality estate plan will protect your assets with a trust, if appropriate, which requires legal input.

What Qualities Should Your Estate Planning Attorney Have?  

First and foremost, you’ll want to work with a reputable attorney known in the community for being trustworthy and honest. Every family has unique needs, and some estate plans can be complicated, so it is good to look for an estate planning lawyer with years of experience and access to a range of industry professionals, whether a CPA or real estate appraiser. 

The attorney you choose to work with should be able to create a personalized estate plan after listening to your wants and desires. They should give you straight answers to your questions, making you feel informed, safe and empowered at all times. If there is confusion on your end, your lawyer should have no problem taking a little more time to explain the process more thoroughly. It’s essential to work with someone who is comfortable taking things at the pace you feel most comfortable.

Things to Avoid When Choosing an Estate Planning Lawyer  

What should you avoid when choosing an estate planning lawyer? Don’t take the first name you find online as your attorney. Read online reviews about the lawyers in your area, view their websites, and ensure they are members of the appropriate bar associations. 

Avoid signing a contract with an estate planning attorney without first speaking to them, either on the phone or in-person. Most reputable lawyers offer a free first consultation, which should give you a good idea of their character and values.  

If you would like more information about estate planning in Fairfield NJ, please contact our team at SCC Legal and discover how we can help by visiting our website here: https://www.scclegal.com/

Planning Your Retirement in Today’s Economy

Planning Your Retirement in Today’s Economy

Have you been thinking about planning your retirement, but you haven’t gotten around to it yet? It’s one of those things where you think you have all the time in the world. However, as the old saying goes, time flies when you’re having fun! Which means it’s never too early to start thinking about your retirement plan. On a more serious note, it’s especially important to start now with all of the recent economic changes, including the noticeable rise in the cost of living. That being said, our estate planning lawyers in NJ are here with expert recommendations on how to plan your retirement wisely. 

Securing Your Legacy with a Will

Your will is the document that gives instructions on how to distribute all of your assets once you’re no longer here. This includes things like property, financial accounts, stock portfolios, jewelry, cars, and even more personal things like artwork and furniture. We recommend you create a will with the help of an estate planning attorney so there is no ambiguity about how your assets will be distributed after you pass. 

Powers of Attorney: Making Sure Your Wishes Are Followed 

Power of Attorney is a legal document that allows someone else – a person designated by you – to make decisions on your behalf if you become unable due to illness, injury, or incapacitation. The person who you choose to act as your Power of Attorney can make financial decisions for you, such as continuing to pay your bills if you’re in a coma, or keeping your business running if you’re incapacitated after an accident. It’s important to choose someone you trust one hundred percent to act as your Power of Attorney. 

Estate Planning: Why You Need an Expert

Experienced estate planning attorneys can help you prepare for all of life’s possible scenarios. With inflation, the cost of living continuing to rise, and other economic uncertainties, it’s more important than ever to have a plan and be prepared. If something happens to you and you don’t have a will, it can lead to disagreements and a lot of tension among your family. And that’s the last thing you want while they are mourning your loss.  

Long-Term Care Planning: Preparing for the Unexpected

There’s no way to know what will happen from one day to the next. Unfortunately, accidents happen, people get ill, and sometimes they need long-term care. Preparing for the unexpected includes financially preparing for the possibility that you may need to go into long-term care at some point in your life, whether that’s a home health aide, an assisted living community, or some type of rehabilitation center. 

If you haven’t started planning for your retirement, there is no time like the present. You need an experienced estate planning attorney who can help you navigate these uncertain economic times and create a successful retirement strategy. For more information, or if you have any elder law questions, please contact our team at SCC Legal today and visit our website at: https://www.scclegal.com/

NJ Estate Planning: Steps to Take After the Death of a Loved One

Steps to Take After the Death of a Loved One

It’s never easy to lose a loved one, and the days after the initial shock wears off come with a host of challenges. While you are trying to balance your emotions and how to navigate life without this person, there is the legal aspect of loss that needs to be addressed. From following their dying wishes on how they’d like to be put to rest to guaranteeing the equitable distribution of the deceased’s inheritance, there are crucial legal steps you have to take while you are still grieving. In this process, estate planning is essential since it offers advice on handling assets, beneficiaries, and legal issues. In this article, our estate planning lawyers in NJ will discuss how to legally proceed after the passing of a loved one and detail the significance of an established estate plan. 

Obtain a death certificate

Getting a death certificate is the first thing you should do after a loved one passes away. A death certificate is a legal record the state produces attesting to the person’s passing. It is necessary for several legal and economic reasons and acts as proof of death. You must contact the New Jersey Department of Health, Vital Statistics Office, or the county registrar’s office where the death took place to obtain a death certificate in New Jersey. You can also get copies of the death certificate from their chosen funeral home.

Meeting with the Executor of the Deceased’s Estate

Speaking with an estate planning attorney after obtaining the death certificate is crucial. A knowledgeable estate planning attorney can offer insightful advice throughout the estate administration procedure. If an estate plan was created for the deceased, they will analyze it and advise you on the next action. The lawyer can help you navigate the probate process, which entails certifying the will and distributing assets in accordance with the laws of intestacy if the deceased did not have an estate plan.

SCC Legal has assisted New Jersey families with estate preparation for over 40 years. Our skilled attorneys will collaborate closely with you to ensure a quick and easy process. They are familiar with the complexities of estate administration. We provide a free initial consultation to review your particular issues and offer a realistic understanding of your legal choices.

The Estate’s Distribution

Identifying and dispersing the deceased’s assets to the beneficiaries is part of the estate distribution process. The assets will be dispersed following the terms of any valid will the decedent left behind. However, New Jersey’s intestacy laws will control the distribution if there is no will or if the will is invalid. A knowledgeable estate planning attorney should be consulted at every stage of the estate distribution procedure. They will manage complicated paperwork, offer legal advice, and ensure New Jersey law is followed. In order to prevent family conflicts during the distribution of the inheritance, an attorney will also help resolve any disagreements or difficulties.

Speak With a NJ Estate Planning Attorney 

The last thing you want to worry about after a loved one passes, is having to go to court. Estate planning is essential for successful asset distribution and avoiding costly estate litigation. Our professional team of attorneys at SCC legal is committed to providing our clients with excellent service and favorable outcomes regarding estate planning, elder law, business law, real estate law and even environmental law

To schedule a free consultation regarding your estate planning needs in New Jersey, or if you are interested in any of the other legal services we offer, please contact SCC Legal today or visit us at: https://www.scclegal.com/

The Biggest Mistakes People Make In Their Wills

Avoid These Mistakes When Creating Your Will

Everyone needs a will, no matter how old you are or how many assets you have. Many people don’t think about creating a will until later in life, but any estate planning attorney will tell you that it’s important to create a will as soon as you can, and ensure it’s regularly updated throughout your life as your circumstances change. Trying to create your will on your own, leaves you vulnerable to mistakes that can cause your family a lot of headaches and financial strain during an already upsetting time. That being said, our estate planning lawyer in NJ would like to share some insight on some of the biggest mistakes people make in their wills, and how you can avoid them. 

Assigning Co-Executors

The executor is the person who ensures the instructions you leave in your will are carried out properly. You select your executor, and many people choose a spouse, a child, or a long-time family friend. While it is legally possible to choose two or more executors, we always recommend naming a single executor simply because it makes the administration of the will easier. When there is more than one executor there are often disagreements, differences of opinion, and emotions can become heated. It can cause a lot of unnecessary tension within your family, which is probably the last thing you want to pass on. 

Being Too Vague About Sentimental Items

Sometimes people will include statements in their will along the lines of: “All of my children shall receive an equal value of my assets.” The problem with this statement is that it’s not exact, which means it’s open to interpretation from all parties. For example, if you have a valuable piece of art, how will that be shared equally among your children? Or if you have two cars and three children, how is “equal value” interpreted in this situation? Be as precise as possible in your instructions to avoid confusion. 

Not Updating The Will Often Enough

Your will is not a document you create then stick it in a drawer until you die. You should update your will to reflect your circumstances, including acquiring more properties, starting new businesses, having a child or more children, getting married, getting divorced, and inheriting money or other assets. Your investment portfolio should also be reflected in your will, so we recommend reviewing your will once a year with your estate planning attorney

Not Working With A Reputable Estate Planning Lawyer in NJ

While there are many websites out there that claim to help you draft your own will, we always recommend working with a professional. An experienced estate management lawyer will ensure your exact wishes are accurately reflected in your will, and they will ensure your instructions are as clear as possible to avoid any nasty litigation between family members.

For more information about creating or updating your will, or if you have any questions, please contact our team at SCC Legal today and visit our website at: https://scclegal.com

How Estate Planning Can Help You Afford Assisted Living

While many folks think estate planning is for the rich or the dying, it’s actually a benefit when done well before you actually need it. It benefits everyone of all asset and income levels, whether you have one child or many. It especially benefits you, if you think you may want or need some level of services in a senior community in the future. 

It turns out that a thought out estate plan, executed well before you move to a community can prepare your assets in a way that leaves more money to your family, gives less money to the government, while providing enough resources for you to enjoy a full and carefree life in a senior community. By executing an estate plan intelligently and early, a huge set of future problems can be dealt with covering all your future needs and inheritance issues, and preventing much of the mess people leave their families when they pass or get old.

How Does Estate Planning Work?

The first step is most definitely to contact a competent estate planning attorney. They will begin any good conversation with a discussion of your current major assets, your family situation, and your desires for your estate when you are gone and while you are alive. Your estate plan should take the following into consideration: who will receive your assets when you pass on, who will make financial and medical decisions on your behalf should you become incapacitated, and even allocate funds that can help cover expenses for different senior care options, like assisted living or long term care. There are a few different routes to take to create an estate plan that encompasses all of the above. And of course you can include options that ensure your estate plan has explicit instructions to include assisted living should you want or need it.  

“A good estate plan for single persons and married couples should consider the possible loss of mental capacity as well.” Notes Frank Campisano, head of the Elder Law Division in SCC Legal, a prominent NJ Elder Law Firm. “Many people wait until dementia is active before they come to us but that can make legal proceedings and planning much more difficult.”  Frank advises that an effective estate plan should contain legal documents that plan for all types of disability. These documents usually include a Durable Power of Attorney and an Advanced Medical Directive and Proxy which allow for a client to appoint a trusted family member or friend to serve as an agent to make financial and medical decisions for the client when he or she is no longer able to because of a loss of mental capacity. For instance, if you are diagnosed with dementia, your attorney can include documentation within your estate plan that allows a trusted family member to make decisions that will help you receive professional memory care at an assisted living facility. 

 

Another effective tool to incorporate into an estate plan is a Revocable Living Trust, which calls for an Incapacity Trustee to step up and take control of the assets within the trust when the client is incapacitated. A revocable living trust can also protect a senior client’s financial assets by the appointment of a younger trustee, usually the client’s adult child. This will protect vulnerable seniors from scam artists who steal hundreds of thousands of dollars from the elderly. Under such an arrangement, the elderly client would need the approval and consent of the trustee to make large expenditures of money, thereby thwarting the efforts of the scam artists who prey on the elderly. Online and phone scams are on the rise, and the people behind them are becoming even more clever. That being said, incorporating a Revocable Living Trust can help you save money that can be allocated towards your assisted living plan.

 

An experienced estate attorney will often recommend that his clients obtain long-term-care (LTC) insurance which can be used to pay for their stay in a Continuing Care Retirement Community (CCRC). Many clients are reluctant to purchase an expensive long-term-care policy which they may never use. In such a case, elder law attorney Frank Campisano recommends the purchase of a whole life insurance policy with a long-term-care rider. “People become fatigued by paying the LTC insurance premiums which can only be used for Long Term Care, but a Whole Life policy has both a death benefit and can contain a rider which will enable the client to convert a portion of the policy’s death benefit to pay for long-term care in a CCRC if needed.” 

Start Your NJ Estate Plan Today to Plan for Senior Care 

Unfortunately when people receive an unexpected medical diagnosis or they experience a major fall accidentally, it can be tough to cover expenses for long-term care without a valid estate plan in place. On top of this, the financial strain can result in family arguments during what is already a stressful and emotional time. We cannot stress this enough, don’t wait until it’s too late to make your wishes clear. Speak with a NJ estate planning attorney today and get to work on your estate plan. Being proactive now will help enhance the quality of your life in your golden years – no matter what obstacles you come across down the road. 

If you are in need of a New Jersey estate planning attorney, please visit SCC Legal for more information: https://www.scclegal.com/

If you are searching for a NJ continuing care retirement community that offers scaled senior care like independent living, assisted living and long term care, please visit United Methodist Communities at Bristol Glen: https://umcommunities.org/bristolglen/

 

Get Started with this Estate Planning Checklist

Get Started with this Estate Planning Checklist

Have you put together your estate plan yet? We often hear from people that they don’t think about estate planning until later in life when they’re nearing retirement age, but people of all ages need an estate plan. From unexpected accidents to illnesses, we can’t always plan for tomorrow. Having an estate plan in place protects the assets you have now, and provides your family with instructions for when you’re not here anymore. 

We’ve put together this estate planning checklist that covers all the essential documents you’ll need.

Living Will

A Living Will is a legal document in which a person specifies what medical decisions they want made for them in the event that they are no longer mentally able to make those decisions. For example, a Living Will might specify that a person would like to remain on life support if they become incapacitated. 

You can also nominate a person in your Living Will to make healthcare decisions on your behalf, if you become unable to do so. Examples include being in a coma, being incapacitated from an illness or an injury, or being on life support. Your estate planning attorney will guide you through all the potential medical scenarios, so you can decide exactly what you want to happen. 

Durable Power of Attorney

Durable Power of Attorney (PoA) gives someone else, referred to as your agent, the authority to act on your behalf. Spouses most often choose each other as their PoA, but it can also be a close friend or another family member. The person who has PoA is frequently responsible for making financial decisions on your behalf. 

List of Assets

This is exactly what it sounds like. In order to decide what will happen to your assets when you’re  no longer here, you’ll need to list them all and assign a numeric value to each one. Your assets include things like property, cars, bank accounts, businesses, jewelry, and other valuables. 

Beneficiaries

Your beneficiaries are the people to whom you will bequeath your assets after your death. Most people pass their assets down to their surviving spouse, children and grandchildren, but your beneficiaries can be anyone you know and love. 

Living Trust

This document allows you to transfer assets into a trust for your beneficiaries while you are still alive, meaning there’s no need for probate court proceedings. People who have large estates or complicated finances often create Living Trusts in order to start transferring possession of their assets before they pass away. 

For more information about the documents mentioned in our estate planning checklist, or if you’re ready to get started with your estate plan, please contact our team at SCC Legal today. When it comes to estate planning, it’s never too early to begin. Learn more by visiting us at: https://www.scclegal.com/

Top Reasons Why People Eschew Estate Planning

Top Reasons Why People Eschew Estate Planning

Have you created your estate plan yet? Despite your age, your financial situation, or the value of your assets, it’s very important to have an estate plan in place for when you pass away. Understandably, this can be overwhelming to figure out on your own, but with the right help – you can have a successful estate plan for your family to follow. At SCC Legal, we’ve helped hundreds of people create a living will to make it easier on their families when the time comes – because that’s really what this is all about. In this article, we will outline the top reasons why people procrastinate on estate planning and why they shouldn’t for the sake of their loved ones. 

I Don’t Know Where to Start

It can seem overwhelming or confusing to start from scratch, but when you work with an experienced estate planning attorney they’ll make the process as manageable and straightforward as possible. It usually begins with some paperwork where you list your assets and dependents, and then you go from there. One step at a time, at your own pace. 

It’s Too Expensive

Everyone’s situation is unique, which is why there is no one-size-fits-all price tag when it comes to estate planning. Many people assume it will be too expensive to have a professional create their living will, so they opt for “do-it-yourself” estate plans. We always recommend working with a licensed estate planning lawyer, and if you’re concerned about cost, schedule a free consultation to get an idea of how much it will cost and if there are payment plans available. 

I Don’t Have Many Assets 

An estate plan isn’t only about who gets what when you pass away. Your estate plan will also dictate vital information about what happens if you become medically incapacitated, or if you’re suddenly unable to make medical and financial decisions for yourself. Your family or your close friends will appreciate having clear instructions if they ever need to step in on your behalf. 

It’s Not a Big Deal

We’ve spoken with many people who say they’re planning to spend all of their money before their time comes, so why create an estate plan? However, we can’t predict the future, and accidents, injuries and illnesses happen every single day. You don’t want to leave your spouse, your children, or your extended family in a position where they’re having to make decisions about your estate while also going through an emotionally devastating time. This is singularly the most important thing you can do before you pass to make the grieving process a little bit easier for your loved ones. 

For more information about starting the estate planning process, or if you have any questions about elder law, please contact our team at SCC Legal today. You could also visit our website at: https://www.scclegal.com/

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