Roswell Estate Planning

Find the right Wills & Trusts attorney in Roswell, NM

"Estate planning" in Roswell refers to the decisions a person makes concerning what is to be done with their assets after their death, and the procedure of implementing those wishes.

The problems that estate planning raises are sometimes very complicated. Without competent legal and financial advice, many problems can pop up, which can quickly throw your entire plan into disarray, and cost your survivors a great deal of time, energy, and money.

In the process of estate planning, you'll likely also deal with issues that can affect you during life. These include issues like power of attorney (to ensure that your wishes are carried out even if you're unable to express them), as well as instructions to your doctors and family regarding medical care. A seasoned estate planner can also help you achieve your goals, while minimizing the effects of expenses like court fees and taxes.

A seasoned estate planner in Roswell, can make this process much easier, minimizing the chances that your estate plan will end up in court, saving your survivors a huge amount of time and money.

Common Features of Roswell Estates

Will: This is a legal document which transfers ownership of the testator's (the person making the will) property to named beneficiaries after the testator's death. The beneficiaries can be just about anyone the testator chooses, but smaller estates, usually only include family members, and maybe very close friends. If you want, you can place conditions on gifts (say, leaving a certain amount of money to your son, but only if he graduates college before he turns 25 - this is just an example). However, a will can't actually compel anyone to do anything, and some conditional gifts won't be enforced, usually because they involve an illegal act, or require a person to marry or refrain from marrying a certain person.

Living Will: Living wills are also very critical for most people. Essentially, a living will tells everyone concerned (your next of kin, and your doctor) what type of medical care you want if you become incapacitated. It usually includes the circumstances under which a person wishes to be kept on life support, when they want to be taken off of life support, and, sometimes, instructions on when medical staff should and should not attempt resuscitation.

Power of Attorney: Power of attorney is the permission to make binding decisions for another person, when that person becomes unable to make or express their own decisions. You can grant power of attorney to anyone you want, but, for obvious reasons, you should only grant it to somebody you trust, and discuss your exact wishes with them, in case they actually have to make a decision for you.

Funeral Arrangements: Some people, for religious and other reasons, have very particular wishes regarding the disposal of their remains after they die. Some want to be buried. Others, cremated. No matter what your preferences on this matter are, it's important that you inform your family of them far in advance. These instructions should be included in a document that is likely to be read before your death (such as a living will), or very shortly thereafter. This excludes a will, because it's commonly weeks after a person dies until their will is read.

Do I Need a Roswell Estates Lawyer?

A seasoned lawyer in Roswell can make the process of estate planning as simple as it possibly can be. He or she can help ensure that your wishes are given effect, and minimize the chances of disputes between your survivors.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Roswell

Roswell, New Mexico is a city in Chaves County, New Mexico. It is the county seat of Chaves County. It has a population of about 46,000 people, as of the 2000 Census.

The first European-American settlers of the area arrived in 1865, and were from Missouri. However, they abandoned their settlement a few years later for lack of water. In 1869, two businessmen partnered up and built two adobe structures in what would become Roswell. They served as the general store and post office.

Roswell is perhaps best known for the 1947 "UFO event" that occurred about 75 miles outside the city. An object crash-landed in the desert, which many people believe (or like to believe) was an alien spacecraft. The far more likely explanation, however, is that the object was a package of experimental military equipment carried aloft by a balloon, and it was simply a test gone wrong.

Nonetheless, the legend persists, and many businesses in Roswell cater to the many UFO enthusiasts who visit the city.

The vast majority of Roswell's residents, however, have ordinary jobs and lead ordinary lives. Because the average person is more likely than not to need to hire a lawyer at some point in their lives, Roswell has a significant legal community. If you live in the Roswell area and have a legal problem, a Roswell, New Mexico lawyer is the person to call.

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