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Jay R. Pelkofer, Attorney At LawExperience:After several years of experience in the financial services industry, I worked for four years as a tax policy analyst with the United States Government Accountability Office in Washington, D.C. While atte...
Practice areas: Estate Planning, Wills & Living Wills, Trusts, Landlord & Tenant, Real Estate
Why So Many Avoid Preparing Their Wills Many lawyers do not prepare wills and trusts for lower- to middle-class clients because of the detailed effort required without the financial rewards. Because of the high fees, the recession and the gener...
Practice areas: Estate Planning, General Practice, Power Of Attorney, Trusts, Wills & Living Wills
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"Estate" is the legal term used to define your property and money—basically, everything that belongs to you. Estate planning attorneys tell you different strategies you can use to transfer your belongings after you die. By planning your estate, you can maximize its value by minimizing taxes and eliminating court costs and interference. Estate planning attorneys also help you control and protect your estate during your lifetime, by writing documents that allow you to transfer property and money to children, charities, or others in a way you desire.