Frequently Asked Questions

Estate planning is important because it allows you to have control over your assets and how they are distributed after your death. It also helps to minimize taxes and avoid probate, which can be time-consuming and expensive.

A will is a legal document that outlines how your assets will be distributed after your death. A trust, on the other hand, is a legal arrangement in which you transfer ownership of your assets to a trustee, who manages them on behalf of your beneficiaries. A trust can help you avoid probate and may offer tax benefits.

A living trust is a legal document that allows you to transfer your assets into a trust during your lifetime. The trust is managed by a trustee, who is responsible for distributing the assets to your beneficiaries according to your wishes.

A living trust can help you avoid probate, which can be a lengthy and expensive process. It also provides more privacy than a will, which becomes a matter of public record after your death. Additionally, a living trust can be used to protect assets from creditors and provide for minor or disabled beneficiaries.

A power of attorney is a legal document that allows you to appoint someone to act on your behalf in financial or legal matters. This can be helpful if you become incapacitated or unable to make decisions for yourself.

It is recommended that you review your estate plan every three to five years, or whenever you experience a major life change such as marriage, divorce, or the birth of a child. Updating your estate plan can help ensure that it continues to meet your needs and reflects your current wishes.

Probate is a legal process that occurs after someone dies, in which their assets are distributed according to their will or state law. Probate can be time-consuming and expensive, and it can also be a public process that exposes your assets and beneficiaries to scrutiny. By creating an estate plan that avoids probate, you can help ensure that your assets are distributed quickly, efficiently, and privately.

When you've been injured in a car accident or slip and fall, The Atlas Law Firm can advise you on the legal options available to you, guiding you through the process.  We will negotiate with insurance companies on your behalf to ensure you receive fair compensation.  If a fair settlement cannot be reached, we will help represent you in court, presenting your case to a judge or jury.  We strive to maximize the compensation you receive, taking into account medical expenses, lost wages, pain, and suffering.