Sunday, September 27, 2015

Preventive Legal Assistance For Peace Of Mind

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.

A service that some people find handy to retain early involves making up a will for their families. When a couple has children, they both want to know that their kids will be taken care of in case something happens to either the mom or the dad. By drawing up a will, they can designate who will receive custody of their minor children. The will ensures that the family court will not have to make that decision, which may not work out in the kids' best interests.

The judge can also divide up the couple's assets if needed. But again, a will would answer the question of who got what assets and who would remain in charge of any life insurance left behind by the deceased parents. A lawyer can help a couple set up a trust in case either one of them die prematurely. The attorney could also stipulate who will get possession of valuables and money.

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.

Another detail that can be included would center on buyouts. When one partner wants to buy out the other, the contract could provide the terms for doing so. This outline would keep the professional relationship intact and also provide a financial incentive for the partner who would be bought out of the business.

Finding law-related help for this purpose can be done by using the Internet. Many attorneys outline these services on their websites. People also could call and meet with lawyers in person for more information.

Preventative services can be vital in the legal arena. People can protect themselves without having to go to court. They also can stipulate what they want to happen in case they meet an early demise and they have minor kids. This help allows them to go into detail about where they want their money and assets to go.




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