Thursday, October 15, 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.

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.

Like these documents, partnership agreements also may fit under this category of law-related help. Entrepreneurs who plan to go into business with friends or family members might wish to have a partnership agreement devised in case one of the partners died or became unable to participate in the business. A lawyer could establish guidelines that would allow the remaining partner to retain ownership of the company.

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.

When individuals want to know where they can find such help, they may be encouraged to look online. Many lawyers outline their expertise on their firms' websites. They also might call or meet with counsel in person.

Legal assistance for preventive reasons may allow people to live without worry about what would happen to their family or money in the event of their death, disability, or divorce. Lawyers are skilled in drafting legally binding paperwork that outlines what people want to happen. These services can be found online or in a person's local phone directory.




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