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9:00 AM - 17:00 PMThompson Smith and Puxon+44 1206 574431Thompson Smith and Puxon is a law firm based in Colchester, England. They specialize in Real Estate Law and Estate Planning Law, providing expert legal advice and services to their clients. In addition, they offer Financial Services and have a strong background in Economics & Law. With a team of experienced attorneys, Thompson Smith and Puxon is dedicated to providing their clients with the highest level of service and expertise.See more
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9:00 AM - 17:15 PMFisher Jones Greenwood LLP+44 1206 835300Fisher Jones Greenwood LLP is a law firm based in Colchester, England. They offer a wide range of legal services including business management consulting, conveyancing, employment law, estate planning, family law, labor relations, medical law, notary public services, personal injury law, real estate law, visa consulting, civil law, elder law, immigration law, and social security law. They also provide financial services and education in economics and law. The firm is dedicated to serving the public sector and society as a whole.See more
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9:00 AM - 13:00 PMHanslip Ward & Co. Ltd+44 1255 502366Hanslip Ward & Co. Ltd is a UK-based company that offers a wide range of legal and financial services. Their team of experienced attorneys specialize in areas such as estate planning, labor relations, and general practice. They also provide financial services and have expertise in economics and law. Additionally, they offer services as Commissioners for Oaths and Conveyancers. Hanslip Ward & Co. Ltd is dedicated to providing their clients with high-quality and personalized services to meet their individual needs.See more
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Essex & Suffolk Wills Ltd+44 1206 615254Essex & Suffolk Wills Ltd is a company based in Colchester, England. They specialize in estate planning and have a team of experienced attorneys who are well-versed in economics and law. Their goal is to provide their clients with comprehensive and personalized estate planning services to ensure their assets are protected and their wishes are carried out.See more
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9:00 AM - 17:00 PMJohn Fowlers LLP Solicitors+44 1206 576151John Fowlers LLP Solicitors is a law firm based in Colchester, England. They specialize in various legal services such as Civil Law, Conveyancing, Employment Law, Estate Planning, and Labor Relations. They have a team of experienced lawyers who provide expert advice and representation to their clients. In addition, they also offer financial services and have expertise in Economics & Law. John Fowlers LLP Solicitors is dedicated to providing high-quality legal services to their clients.See more
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What are Estate Planning Attorneys?
Estate Planning Attorneys are legal professionals who specialize in helping individuals and families plan for the distribution of their assets after death or incapacitation. They advise clients on how to make legal arrangements to minimize the tax impact on their estates and ensure that assets are distributed according to their wishes.
What services do Estate Planning Attorneys provide?
Estate Planning Attorneys provide a range of services including drafting wills, creating trusts, establishing power of attorney, and designating beneficiaries. They also provide guidance on tax planning, asset protection, and retirement planning. Additionally, they help families navigate the probate process and can represent clients in legal disputes related to their estates.
Why is Estate Planning important for individuals and families?
Estate Planning is important for individuals and families because it allows them to control how their assets are distributed after death, avoid unnecessary taxes, and protect their families from financial hardship. It also helps to ensure that any minor children or dependents are provided for and that their wishes are carried out.
How can Estate Planning Attorneys assist with Tax Planning?
Estate Planning Attorneys can assist with Tax Planning by helping clients to understand the tax implications of their estate plan and advising them on strategies to minimize their tax liability. This can include making charitable contributions, creating trusts, establishing 529 college savings plans, and utilizing tax-advantaged retirement accounts.
What are the costs associated with Estate Planning?
The costs associated with Estate Planning can vary depending on the complexity of the plan and the attorney's fees. Some Estate Planning Attorneys charge a flat fee for their services, while others charge an hourly rate. It is important to discuss fees with the attorney upfront and understand what services are included in the cost estimate.
How do you choose the right Estate Planning Attorney for your needs?
When choosing an Estate Planning Attorney, it is important to look for someone with experience in the field, a track record of success, and a reputation for providing excellent client service. It is also advisable to choose an attorney who specializes in Estate Planning and is familiar with the laws specific to the client's state or jurisdiction. Referrals from trusted friends, family, or financial advisors can also be helpful in finding the right attorney.
What are the benefits of working with a specialized Estate Planning Attorney?
Working with a specialized Estate Planning Attorney can provide clients with expert guidance on complex legal and financial matters related to their estate plan. They can help clients navigate the often-confusing probate process, minimize taxes, and protect their assets from creditors or legal challenges. Additionally, they can provide peace of mind that their estate plan is tailored to their specific needs and wishes.
What are the potential consequences of not having an Estate Plan in place?
If an individual dies without an estate plan in place, their assets will be distributed according to the laws of their state, rather than their wishes. This can result in unnecessary taxes, delays in the probate process, and legal disputes among family members. Without an estate plan, minor children may be subject to court-appointed guardians, and dependents may not receive the financial support they need. In short, not having an estate plan can result in financial and emotional hardship for loved ones left behind.
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