Planning your estate is serious business. If you have a missing signature or one word out of place that can change the entire intent of the document. Hiring an estate planning lawyer in Davenport IA area can help you avoid making any costly mistakes, particularly when it comes to drafting your will or a trust.
Every State Has Enacted Their Own Laws Regulating Estate Plans
Every state has their own qualifications as to who is allowed to be named in a will, trust, or in a medical or financial power of attorney. There are also quite strict regulations is to who cannot and who can be allowed to serve as your personal representative (previously referred to as an executor), a trustee, or who you can designate to hold your medical or financial power of attorney. Another area where states have enacted regulations pertain to who is allowed to sign a witness such documents, and where that is allowed to take place.
An Estate Lawyer has Experience with Complex Situations
If you have minor children, a disabled child, or are recently divorced, you need the advice of an estate planning lawyer in Davenport IA. These are not the only situations that can be tricky. Others can include:
- Owning one or more businesses,
- Owning real estate in different states,
- Wanting to leave some or even all of your money to charity,
- You have recently had a spouse or another family member pass away, or
- You have a great deal of money in retirement or IRA accounts.
If any of this applies to you, the only responsible thing for you to do in order to protect not only your interests but your family’s as well is to hire a knowledgeable and experienced estate planning attorney to draw up your estate documents. David J. Franks, Esq., has over 20 years in personalized estate planning and will bring all of his experience to the documents necessary for your wishes to be carried out.