Saturday, October 17, 2015

Uses For Preventive Legal Assistance

By Della Monroe


Most people cannot get through life without having to hire an attorney at least once. While many people can foresee needing an attorney's help, others are caught off-guard entirely. Rather than face such a surprise, more people are seeing the wisdom of retaining preventive legal assistance as they see fit. The types of help available through these services can allow people to live without worry, yet also take care of important financial and custodial matters just in case.

One of the biggest worries that parents have involves what would happen to their kids if they were to die early. If both parents were to die in an accident or due to illness, people worry that the family court would have to determine who would get custody of their kids. When they want to ensure that their children will go to people whom they trust, parents might retain a lawyer to draw up a will for the family. The will would outline the custodial arrangements of a couple's minor children.

A will could also outline what would happen to a couple's insurance, assets, and money in case both of them died. For example, the person who gets custody of the children will need money to raise them. This document would provide details about what kind of money would be dispersed to the caretaker or whether the insurance would be put into a savings account for the kids' future. The lawyer can also make sure Social Security knows to send survivor benefits to the caretaker.

Another reason people hire such help involves establishing a prenuptial agreement with their spouse. Some individuals want to protect premarital assets in case of divorce. By allowing a lawyer to devise this agreement now, these individuals avoid having to rely on a court's decision about the division of property if they end up in divorce court.

Dividing a business up between partners also can require the input of a lawyer. When people partner with someone they know and trust, they may not think to draw up a partnership contract. However, this contract can detail what would happen to a business if one of the partners died or were incapacitated.

It also can give stipulations for buying out one of the partners if both agree to the buyout. These guidelines would be put into writing. The written agreement helps the partners having to go to court and involve a judge in the matter. It also might spare the partners' relationship with each other and allow them to avoid having to go to court and spend a lot of money on the dilemma's resolution.

When individuals want to know where they can find such help, they may be encouraged to look online. Many lawyers outline their expertise on their firms' websites. They also might call or meet with counsel in person.

Taking steps now to avoid legal complications later can help people save their peace of mind. Lawyers are able to protect people's money, assets, and businesses. Paperwork drawn up now could avoid families having to go before a judge to have questions about custody or marriage dissolution settled.




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