Protecting Your Possessions With a Lawyer
People living their lives from day-to-day with little stress, worry, and physical contracts might never consider the worry of dealing with lawsuits, being in legal trouble, or facing legal issues. When you are stuck into a legal situation without any prior planning, things can become quite troubling and hectic rather quick. If you find yourself in sudden trouble, searching through Toms Rivers lawyers can be difficult, as there are a variety to choose between. The best option to ensure you are presently prepared is to whittle down just what type of lawyer you might need. If you’re searching local law offices for marriages turning south, you’re looking for a divorce lawyer; if you’re in need of a lawyer to help you in drafting a will and settling your belongings in the case of death, you’re in need of an estate lawyer.
Divorce Lawyers:
Marriage is a contract that you enter into with a spouse. While the phrase “till death do us part” is uttered during the Christian marriage liturgy, it tends to not be the case. The probability of a first marriage ending within the first five years is 20%, while the probability after 10 years of marriage increases to 33%. If you happened to get married and are facing such circumstances, it is of utmost importance that you begin seeking out a divorce lawyer.
While divorce might seem like a decision equally made by both parties, it’s usually not the case, with 80% of divorces coming about when one spouse wants the divorce and the other does not. Divorces like this can prove to be messy, long-winded, brutal affairs, in which proceedings last nearly a year and can cost anywhere between $15,000 to $30,000. Having a divorce lawyer on your side of the divorce is important because it means that you have someone working in your favor. Whether you and your soon-to-be ex-spouse are fighting over how your collective possessions will be split between you (home, cars, pets, etc.), which spouse will provide economic relief and benefits from the other spouse (this is called alimony), or how child support duties will be balanced, having a divorce lawyer to represent and protect you, as well as mediate between you and your soon-to-be ex-spouse, is an investment worth making, especially if your soon-to-be ex-spouse has a lawyer on their end.
Estate Planning Lawyer:
When you die, your possessions and valuables are taken and split between a number of parties. If you haven’t thought about this or considered it, it’s understandable, but it might not be in the best interest of yourself or your family. Estate planning, the naming of who shall receive what of yours following your death, is a sound way to ensure that you and your family are prepared for whatever might come in the future. While it takes only ten to fifteen minutes to draft a will, 55% of people surveyed stated that they do not have one. When asked why, 57% of respondents said that they simply “haven’t gotten around” to drafting one.
Where most people might think that wills and estate planning is only meant for seniors (of which 72% of (American only) possess a living will), it is actually recommended for everyone. Estate planning, as stated by Business Insider, is an important task for any American to undertake, noting that three of the most documents an American can have are a will, a living will, and long-lasting power of attorney. While estate planning might seem silly for anyone that is young and healthy, it isn’t. No matter your age, ensuring that you have properly worked through your estate planning with an attorney can ensure that you’re family and living dependents don’t have to spend an egregious amount of time (and money) on probate court. Rather, by being prepared, you can ease the process, with legal documentation, by instructing how your wealth will be distributed following your death.
By being legally prepared and protected, whether in the event of upcoming/unforseen divorce proceedings or sudden death, you can ensure that your possessions are properly taken care of and distributed, if needed, with signed legal documentation.
Legal Newsletter
Latest posts by Legal Newsletter (see all)
- How Family Law Attorneys Might Spend Their Day - September 30, 2024
- What Is Bad Faith in the Legal Sense? - August 22, 2024
- A Look Into a Day in the Life of a Criminal Defense Lawyer - August 21, 2024