Making plans for your death and thinking about your mortality is often difficult. It can be intimidating, leaving you with many uncertainties. However, if you work with the right estate planning lawyer, the process will be straightforward, reasonably priced, and your possessions will go where you want. The questions you ask your estate planning lawyer will help you decide if they genuinely want to assist you or just make money. Here are several key questions to ask to ensure your estate planning lawyer has your best interests in mind. Additionally, click here to learn about common misconceptions in estate planning that are also vital to address.
How long have you been working with trusts and estates?
It is crucial to obtain a good understanding of your estate planner's expertise. You should employ an estate planner with the maximum amount of experience. The more seasoned your lawyer is, the better equipped they will be to manage unanticipated situations, and you will be assured that your assets are in capable hands.
Will you send me the estate planning documentation?
It is essential to ensure you can obtain your estate planning documents. The main point is that these assets belong to you, so you must verify that your estate planning lawyer has arranged everything to your preferences. Misunderstandings can always happen, so review your documents to confirm they outline your desires accurately. You are the decision maker regarding your estate plan.
Is your primary focus on estate planning?
The goal is for them to respond in the affirmative when asked if estate planning is their primary area of practice. An attorney whose main focus is not estate planning may lack the specialized knowledge that is ideal for this task. The ideal attorney will have extensive background specifically in estate planning. Your personal assets are important, so you should seek someone with expertise directly related to estate planning to handle them.
How do we avoid the probate process?
Be mindful if your estate planning lawyer's initial reaction is to guide you toward a will and probate. If this occurs, they may be more focused on generating revenue than your situation. This isn't always the case, but to prevent overpaying, ensure your lawyer has examined all viable options for you. It's especially crucial they make every effort to sidestep the probate process, along with the expenses that come with it.
Will You be able to assist in funding assets into a revocable living trust?
Not all estate planning lawyers will assist with funding a trust. Trusts are essentially ineffective if they are not funded. Your estate planning lawyer should either directly help you transfer your assets into the trust and update your beneficiary designations, or at least provide you with resources to help you do it yourself. It's important to ask about this, otherwise you may end up paying much more for your trust than what it's actually worth.
If any unexpected issues arise, will you be able to help?
Your estate planning lawyer should be eager to go the extra mile for you. This is your life and the future of your assets, which merits thoughtful attention. If your estate planning lawyer is unwilling to help you with any matters connected to your estate, whether directly or indirectly, they are not fulfilling their role as well as they should.
At Gravis Law, our estate planning specialists are pleased to address any queries you might have. We ensure that everyone who works with us receives attentive service. If you or a family member require legal help with estate planning, get in touch with the Gravis Law Office now!
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