3 Times You Need a Lawyer to Help You with Finances

There are many types of legal issues that might require a lawyer’s help. You may consider hiring a lawyer if you have suffered an injury, been wrongfully terminated at work, or have been accused of committing a crime. There are even situations involving finances where you may need their help.

Creating an Estate Plan

When deciding whether or not you need to hire an estate planning lawyer, it’s important to remember that estate planning has a lot of intricate details and nuances that can have a huge impact. One wrong word can change the entire intent of a will or trust. State laws are very specific about what can and can’t be in a will, trust, or medical or financial power of attorney. If you think that you’ll be saving a few dollars by using forms found on the internet, you could end up with a document that isn’t legally valid or won’t work as you had anticipated. A lot of money will then be spent to fix your mistakes. Working with a qualified estate planning attorney will help you to avoid a simple and yet costly mistake. 

During a Divorce

If you and your spouse have decided to end your marriage, one of the first questions you’ll have is whether or not you need a divorce lawyer. It’s not a simple question and the answer will depend on your particular situation. Splitting assets is one of the most contentious stages of a divorce. If you and your spouse agree, you can file for an uncontested divorce without the help of a lawyer. However, it is advisable to at least have a lawyer look through your agreement to make sure that your rights and interests are protected.

After an Accident

When dealing with the aftermath of a car accident, there are things you’ll need to do. One of them is to consider whether or not you should hire a lawyer. You have the right to talk to a lawyer before you talk to an insurance company, but you also have the right to fight the insurance company on your own. If you decide to get an attorney for your car accident case, it’s usually best to hire one quickly, preferably the day of the collision, or a day or two afterward. Many car accident attorneys offer free consultations that you can use to help you make the decision that will be best for you.

Hiring a lawyer can be a tough call, but sometimes it’s extremely necessary. Lawyers can help in many different situations and can give some much needed peace of mind. If you find yourself working on an estate plan, navigating a divorce, or dealing with the aftermath of a car accident, hiring a lawyer can help you get better results financially than you otherwise would.

Lawyers aren’t the only ones who can protect your finances. Contact us so we can help you get set up with the right insurance coverage to keep you financially protected.

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