Things You Must Know About Real Estate Attorneys in Houston
Real estate lawyers are individuals who provide legal advice to their clients who own assets that require being managed in the event of their death or incapacitation. It is their responsibility to release assets to heirs and to pay all applicable estate taxes to the government.
Estate planning attorneys have three primary roles; determining the specific distribution of a client’s estate to their heirs, setting up a trust where assets are saved and reserved for specific beneficiaries, and drafting wills and other documents that are associated with estate planning and trusts. They even advise individuals on retirement plans and life insurance laws.
There are two kinds of real estate lawyers; transactional real estate and litigation real estate. The duties of the transactional real estate lawyers include preparing documents, reviewing documents, negotiating terms and performing various tasks to get things done …