Do I Require the Services of an Estate Planning Attorney?

 

An estate planning attorney may be able to assist you if you are in the process of preparing your estate. This is how.

What you’ll discover:

What Is the Role of an Estate Planning Attorney?
How Do I Determine Whether I Need an Estate Planning Attorney?
What Does an Estate Planning Attorney Charge?
What Should I Expect from an Estate Planning Attorney?

You want to safeguard your family in the event that anything bad occurs to you, and an estate planning attorney may help you do so. If you’re in the midst of arranging your estate, be sure to look into what an attorney can do to assist you.

What Is the Role of an Estate Planning Attorney?

Estate planning lawyers guide you through the process of determining how to split your assets and advise you on the documentation required to ensure that your intentions are carried out. They may also assist you in creating paperwork that will safeguard you if you get ill. An estate planning attorney will ensure that these papers are followed in the future.

How Do I Determine Whether I Need an Estate Planning Attorney?

Many papers are reviewed and drafted by estate planning attorneys, including:

A testamentary will and testament
A lasting power of attorney
A durable medical power of attorney
Beneficiary designations in a trust

What Does an Estate Planning Attorney Charge?

Many estate planning lawyers offer fixed fees for document preparation or estate planning. More sophisticated tasks, such as acting on your behalf, resolving disputes, or ensuring the will is carried out, will be more costly and paid by the hour. The amount you pay may vary depending on the services you want and where you reside in the nation. Rates should be agreed upon in advance with your lawyer.

What Should I Expect from an Estate Planning Attorney?

An estate planning attorney can guarantee that all of your paperwork are lawful and enforceable and that your affairs are in order. Without legal counsel, your affairs will be left to your relatives, who will be unclear how to distribute your assets. Unless you need to amend one of the papers, you should have all you need to be certain that your intentions will be followed out after speaking with an estate planning attorney.