Your Attorney & Finances Are Closely Linked

Although you may at first think that only your financial planner has anything to do with your financial future, that is rarely true. You really should have a conversation with your family lawyer as well. Since it is Financial Literacy Month, we thought we would share how we are also involved in safeguarding your financial future.

Anytime you go through a life change such as getting married, adopting, having children, or divorcing, your budget and finances change. As such, your financial future, and that of those you leave behind, is directly impacted by your financial planning and literacy. So, we are going to share just a few reasons why you need to contact your family lawyer anytime your life circumstances change.

Marriage

Do you know that when you get married and move your money into a joint account that it is no longer your money? Understanding that fact can impact you greatly in the event you divorce. No one wants to think about divorce at such a happy time. However, because of today’s statistics, it is a reality you should acknowledge. Work with your family lawyer to prepare a prenuptial agreement that protects both of you.

Children – By Birth or Through Adoption

Adding to your family increases your financial needs both today and in the future. This is true in both cases when you have a child together and adopt. You should also protect their future in the event that something happens to you and/or your spouse. An estate planning attorney can set up a trust to protect their future. A family lawyer can also help you with legal paperwork for guardianship.

Divorce

Few things impact your financial present and future like a divorce. This is especially true in divorces where there was no prenuptial agreement. When you have a family lawyer for your divorce who also is an estate planning attorney, they can let you know how the proposed divorce settlement will impact you both short- and long-term. They can also help you immediately following the dissolution of your marriage. Ask about a new will and/or trust as well as other necessary documents post-divorce.

Call Wagstaff & Pitelis When You Need a Family Lawyer & Estate Planning Attorney

Because we handle many types of family law at Wagstaff & Pitelis, we can help you plan today and for the future. Whether you need a prenuptial agreement, help with an adoption, divorce, or it is time for a will and trust, let our team help. We are the one team in Pinellas County you can trust to take care of you through the big and small legal issues and changes that may impact your finances. Call (727) 584-8182 or fill out our contact form today for your initial consultation for any of our services.