Saturday, October 17, 2015

Types Of Preventive Legal Assistance

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.

One of the biggest worries that parents have involves what would happen to their kids if they were to die early. If both parents were to die in an accident or due to illness, people worry that the family court would have to determine who would get custody of their kids. When they want to ensure that their children will go to people whom they trust, parents might retain a lawyer to draw up a will for the family. The will would outline the custodial arrangements of a couple's minor children.

A will could also outline what would happen to a couple's insurance, assets, and money in case both of them died. For example, the person who gets custody of the children will need money to raise them. This document would provide details about what kind of money would be dispersed to the caretaker or whether the insurance would be put into a savings account for the kids' future. The lawyer can also make sure Social Security knows to send survivor benefits to the caretaker.

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.

A partnership agreement could also protect partners' business in case one of them dies or becomes incapacitated. Without this paperwork, the partners might experience complications that would require a court's intervention. A legally binding agreement can ensure that both partners are treated fairly during the life of the business. It also would keep them both out of a courtroom.

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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