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In a recent interview, Michele Ungvarsky, founding partner at E-Law P.C. in Las Cruces, NM, revealed the possibilities of putting financial affairs in order during the COVID-19 crisis.For more information please visit https://www.estradalawpc.com
When asked for a comment, she said, “The onset of COVID-19 and the uncertainty of the crisis forced many people to reevaluate what would happen with their estates in the worst-case scenario. But the good news: it’s not too late to finalize estate plans or even to begin the planning process. Here are some things to take into consideration.”
The bulk of estate planning can be handled remotely from home, which is one thing that Ungvarsky says is important to keep in mind.
When asked to explain further, she commented, “While it’s true that you might not be able to meet with your lawyer in person, setting up a video conference or telephone conference to work on drafting, revising, or finalizing an estate plan from the safety of your home. “
According to Ungvarsky, attorneys are finding innovative ways to sign required documents during this period of social distancing.
“Because signing documents such as a Will, will require an in-person meeting at an attorney’s office, this is something that a lot of people can’t do while social distancing or in quarantine. However, many states have enacted 'Emergency Notary Powers' opening up different ways of signing necessary documentation during the pandemic."
"Signings can occur via a video conference or even through drive-up signings. Of course, there are always mobile notaries who can visit at your place of residence, and with the use of gloves and masks, get documents signed,” she added.
In terms of witnesses other options are available in some cases. For example, signings that don’t require a lawyer present are also on the table. For this, people will probably need to enlist the help of friends or neighbors (who are also social distancing) to act as witnesses.
Ungvarsky further pointed to the fact that wills need to be witnessed by two individuals and all three signatures notarized at the same time in New Mexico to be considered a legal document. So if someone decides to have a mobile notary visit them, when they sign their will, they need to be sure they have two witnesses present at that time.
“Make sure to consult with an estate planning attorney to guide you on the best step forward and to provide you with all options available in light of the new COVID-19 reality,” she said.
Source: http://RecommendedExperts.biz
Contact Info:
Name: Michele Ungvarsky
Email: Send Email
Organization: E-Law, PC
Address: 1340 Picacho Hills Dr, Las Cruces, NM 88007, USA
Phone: 575-556-2462
Website: https://www.estradalawpc.com
Source URL: http://RecommendedExperts.biz
Release ID: 88954457
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