how to find a good estate planning lawyer

How To Choose An Attorney That Will Help You With Estate Planning

• 1. Understand The Specific Tasks Of The Attorney ...
• 2. Ask About Their Field Of Specialization ...
• 3. Observe Whether Or Not The Attorney Asks You Questions ...
• 4. Obtain Referrals ...

Full Answer

How to find a good estate planning attorney?

Apr 16, 2021 · Make a list of attorneys who specialize in your specific needs. Narrow your list and interview candidates using a prepared set of questions. Ask about and understand each attorney's fees. The prospect of finding an attorney to …

What are the benefits of hiring an estate planning attorney?

Mar 13, 2022 · Spend some time contacting different attorneys and find out how much they charge for estate planning. During those conversations, make sure that you find out exactly what their services include. Some attorneys may be willing to handle helping you file the right paperwork, but don’t handle the probate process.

What should you look for in an estate planning attorney?

What an Estate Planning lawyer can do for you. An estate planning attorney will be able to help you legally determine how your assets will be managed during your lifetime and how to distribute them after your death. A good attorney will also adjust your estate plan so that it minimizes taxes and eliminates court costs and interference.

What makes a good estate planning lawyer?

Oct 05, 2009 · There is no law that prevents an attorney from calling himself an estate planner, even if he has no qualifications or experience in estate planning. If you have a very "simple" estate, perhaps two or 3 years of estate planning experience is enough; if you have a large estate or a complicated situation, your attorney should have at least 7 to 10 years of experience in estate …

How does a trust help you?

A trust can help save on estate taxes, avoid probate (proving in court that a will is valid), save on time and court fees and put conditions on the disposition of your assets after you die. “Often, having a will and trust drafted can cost several thousand dollars,” says Joseph.

Is estate planning a part of financial planning?

Estate planning is a critical part of financial planning, but something many Americans procrastinate about. Yet drafting a will and a health care proxy or power of attorney, maybe creating a trust, and maximizing your loved ones’ inheritances by minimizing taxes are all important matters you don’t want to leave to chance.

What can an estate planning attorney do for you?

An estate planning attorney will be able to help you legally determine how your assets will be managed during your lifetime and how to distribute them after your death. A good attorney will also adjust your estate plan so that it minimizes taxes and eliminates court costs and interference.

Why is it important to have an estate attorney?

A good attorney will also adjust your estate plan so that it minimizes taxes and eliminates court costs and interference. You can create a legally binding document that ensures that you have control of your finances, taxes, and medical plans.

How many tiers are there in law school?

Just like any other school, law schools that are harder to get into have higher standards and only accept the best students. There are four (4) tiers in the law school ranking system with the first tier being at the top and hardest to get into. Ask the attorney where he or she went to law school. 10.

Do attorneys do estate planning?

There are many attorneys that say that they do estate planning. And of course there are many that do. The real question to ask however is “do they practice exclusively in this area of the law”? Just as there are doctors that specialize in certain areas of medicine such as general practice, cardiology or oncology, there are attorneys that are generalists and ones that limit their practices to a specific area of the law. The benefit to this is that the attorney is much more likely to be abreast of the current law and issues that surround that practice area. They are also more likely to correctly identify areas that could be problems down the road if the proper planning is not done.

What is estate planning?

Planning your estate involves deciding what will happen to your personal property and real estate after you die. The law provides a default scheme for disposing of property, but relying on that involves a lengthy court process and potentially hefty tax consequences for your heirs. The alternative is to plan things out ahead ...

How to narrow your list of potential attorneys?

1. Have a preliminary phone consultation. Many attorneys will hold a brief interview with you over the phone. Since these take up less time and require less effort than in-person consultations, you can talk to more attorneys this way and use the phone interviews to narrow your list of possible contenders.

What is the state bar association?

State bar associations often offer a lawyer referral service that enables you to meet briefly with a pre-screened attorney after answering a few general questions about your needs.

Who is Jennifer Mueller?

Jennifer Mueller is an in-house legal expert at wikiHow. Jennifer reviews, fact-checks, and evaluates wikiHow's legal content to ensure thoroughness and accuracy. She received her JD from Indiana University Maurer School of Law in 2006. This article has been viewed 35,595 times.

What happens if you don't have liability insurance?

Without liability insurance, you and your heirs could lose everything.

How long has the attorney been practicing in the areas of Probate, Trusts, & Estate Planning Law?

How long has the attorney been practicing in the areas of Probate, Trusts, & Estate Planning Law?#N#Is [s]he experienced enough to have firsthand knowledge of family and business matters of concern to you?#N#There is no law that prevents an attorney from calling himself an estate planner, even if he has no qualifications or experience in estate planning.

What percentage of the attorney's practice is devoted to Probate, Trusts, & Estate Planning Law?

What percentage of the attorney's practice is devoted to Probate, Trusts, & Estate Planning Law?#N#An attorney simply cannot handle divorces, traffic tickets, and other matters and be an estate planning expert, too. Estate planning is a complicated and sophisticated area of legal practice.

Is the attorney certified as a specialist in Probate, Trusts, & Estate Planning Law by the California State Bar Board of Legal Specialization?

Is the attorney certified as a specialist in Probate, Trusts, & Estate Planning Law by the California State Bar Board of Legal Specialization?#N#Although there are many knowledgeable attorneys who have not been certified as specialists, passing the certification exam provides some measure of assurance that the attorney is competent to practice in this field..

Does the attorney offer free (or low-cost) initial consultations?

Does the attorney offer free (or low-cost) initial consultations?#N#Make sure you know the answer to this question so you won't be surprised at your first meeting.

How does the attorney decide what to charge?

How does the attorney decide what to charge?#N#If an attorney or firm charges by the hour, there is a built-in incentive for more office consultations and multiple drafts of documents.

What services are included in the fee?

What services are included in the fee?#N#The more office consultations and legal services that are included, the higher the fee will be.

How much should you pay for your estate plan?

How much should you pay for your estate plan?#N#You need to be careful about the too-good-to-be-true bargains. This decision is too important to look for the cheapest plan you can get. Your estate plan may have a profound effect on your loved ones' lives and well-being.

How to choose an estate planning attorney?

Another fail-proof way for you to choose an estate planning attorney is to ask for referrals. If you’ve got family or friends whom you know to have recently hired one, phone them. Take the time to ask for suggestions, references, and feedback. If you have particular attorneys in mind, also ask if they know anything about that lawyer.

How many children does an estate planning lawyer have?

For instance, client A may have four children that are all legitimate and recognized. That makes the task easy for the estate planning lawyer. But, on the one hand, client B has three legitimate children, one adopted child, and two illegitimate children. This makes the process trickier. Hence, a good estate planning lawyer should take the time to get to know every client in detail.

What is estate of deceased?

The estate of a deceased person refers to all of the assets that they own at the time of their death. These are generally left to the heirs. But, there are instances when the handing down of these assets get more complicated when heirs contest each other’s shares, especially when there are quite a number of assets to be dived, ...

What is the purpose of an estate plan?

Note that the primary purpose of an estate plan is for you to have full control over the proper distribution of your assets in the time of your death. So, a good estate planning attorney should take the time to get to know more about you, the particulars of your family, and other intricacies, to ensure that all of these are addressed in your estate ...

Is death inevitable?

Death is inevitable for everybody, but the uncertainty lies in the matter of when. The saying does say that death comes like a thief in the night, when you least expect it, or when you may not even be ready for it. While you can’t control when it’s going to come, you can control the effects of your death.

Do lawyers specialize in estate planning?

While estate planning isn’t their area of specialization, because of their knowledge in the field of law, they are still qualified to do this.

What is estate planning?

Your estate is the collection of everything you own — money, property, and other personal belongings. No matter how much you own, those things will need ...

How to start an estate plan?

The best way to start estate planning is to take an inventory of all your assets. Identifying these up front can save a lot of time in the future, especially if you’re working with an attorney or working on a joint plan with your spouse. Keep your list in a place where you can easily reference and update it.

Why do you need a trust?

In particular, a trust allows your estate to avoid probate for the assets in the trust. This can save time and money if you know that you want to pass certain assets to certain beneficiaries. Assets you move into some kinds of trust are also no longer part of your estate, which means your taxable estate is smaller.

Who is Derek from Policygenius?

Derek is a personal finance editor at Policygenius in New York City, and an expert in taxes. He has been writing about estate planning, investing, and other personal finance topics since 2017. His work has been covered by Yahoo Finance, MSN, Business Insider, and CNBC.

Why is estate planning so daunting?

Estate planning is daunting because it requires you to plan for your own death. And while it’s very easy to ignore, a solid plan can really make things easier for you and your loved ones both before and after your death. When you create an estate plan, there are some essential things to consider.

What happens to your estate when you die?

Then, the estate goes through the probate process, where a probate court decides what happens to your assets.

Do you have to keep your estate plan up to date?

It’s important that you keep your estate plan up to date and that you continue following your plan. This is especially true if you create your plan while you’re young or if you experience a major change in life, like a divorce or the birth of a child. In some cases, a beneficiary may pass away before you.

Understand The Specific Tasks of The Attorney

Ask About Their Field of Specialization

Observe Whether Or Not The Attorney Asks You Questions

Obtain Referrals

• Another fail-proof way for you to choose an estate planning attorney is to ask for referrals. If you’ve got family or friends whom you know to have recently hired one, phone them. Take the time to ask for suggestions, references, and feedback. If you have particular attorneys in mind, also ask if they know anything about that lawyer. When you ask for the personal recommendatio…

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