Estate Planning Attorney – Redux
An estate planning attorney is too important a person in your life to leave to chance.
What is an Estate Planning Attorney?
An estate planning lawyer is a type of lawyer that through years of education, continuing legal education, mentoring, and coaching is prepared to help advise you how to get your affairs in order in case of mental disability or worse.
What do they do?
Estate planning isn’t just about writing a Last Will and Testament. An estate planning lawyer will also draft and review trusts, powers of attorney, and much more.
They will spend time counseling and coaching you on planning. Not all of an estate plan is the documents. Part of it is knowing what to do and what to share with your family. And, some of it is work that you will need to do. A good attorney will tell you what they will do and what part of the planning you can do on your own.
What Should You Look For in an Estate Planning Attorney?
- A general practice attorney may not have the experience or education to handle your estate planning needs. Look for somebody who devotes a great deal of their practice to planning.
- You should be comfortable with the attorney. You will be sharing intimate details of your personal and financial life with the lawyer.
- They should be well versed and up to date on the laws in their state. Otherwise your estate plan could be outdated before it is even written. Worse, it could be invalidated by a court.
How do They Charge?
A good attorney will tell you what that cost is up front. They will guarantee their fee no matter how many hours they put in on your plan. You should be wary of an attorney that ballparks a figure or charges by the hour. You should be uneasy if they tell you they are the cheapest or best deal in town.