Estate planning involves complex subject matters such as cross overs issues with the law from family law, trust and probate law and tax law, which means to do it right, you may need an attorney, CPA and financial advisor to work together as a team.
As the Herald Times Reporter in “Estate planning attorneys are like a QB” suggests, estate planning attorneys have a vital role to play.
Just like the quarterback of a football team, an estate planning attorney plays a key role in coordinating the plans and executing them. The attorney is the one with the expertise and ability to make sure everything goes according to plan. You tell the estate planning attorney how you want things to go and the attorney creates a plan that does what you want.
The attorney can even call an audible just like a quarterback. If there are potential problems with what you want to do, then the attorney can advise you and help you come up with a different plan.
You can play football without a quarterback, but it is unadvisable. You can also create an estate plan without an attorney. That too is not advisable.
Reference: Green Bay Press-Gazette (Aug. 13, 2016) “Estate planning attorneys are like a QB”