In this day and age of complicated tax laws you need to be aware of the disadvantages of not having a will or Estate plan in place. There are a number of estate planning obstacles that can also occur with insufficient estate planning for someone who already has a will may be considering changing their will. If there is significant change in the family such as a birth or death in the family you will want to have your attorney revisit the estate planning to assure proper coverage and distribution for your beneficiaries. When you set up a will, it normally only disposes of the personal property and the real property that is located in the decedents state of residence. If your own real estate that is located in different state than where the decedent had his permanent residence, you cannot dispose of the estate by the will without the property being subject to probate proceeding. Many law firms are specializing in specific parts of the law which is why for example finding a personal injury attorney Tucson, AZ or a real estate lawyer to help in securing property are now more common.
Originally posted 2010-09-24 16:55:07.