Why Hiring an Estate Planning Attorney is a Wise Decision

Selecting an estate planning attorney is a big decision, and it’s important to find one that meets your individual needs. You can ask friends and family for recommendations, or search for an estate planning attorney online. When you contact an estate planning attorney, be prepared to explain your personal circumstances and your financial situation. You’ll also need to provide information about your family, including minor children. You’ll also want to tell them what documents you need to prepare. The attorney will also ask you to complete a questionnaire, which will include questions about your family and finances. You’ll also want to ask whether there’s an initial consultation fee. You may want to check out Weiner Law for more.

Many attorneys will charge by the hour, and the cost can range anywhere from $375 to $1,000 per hour. Alternatively, many attorneys will ask you for a retainer up front, covering a certain number of hours. Keep in mind, however, that you may have to pay additional fees if you use up your initial retainer.
You may also want to have an advanced directive in place. This document can specify your wishes regarding medical treatment in the event of incapacitation. Another important document is a durable power of attorney. If you don’t have a will, probate is the process by which your property will be distributed to beneficiaries. Real property includes land, buildings, crops, and any other property that is permanently attached to the land. You may want to review your assets to determine whether there are any tax implications.
Before choosing an estate planning attorney, you should ask around for recommendations. Friends and family members often know someone who has a good experience with a particular attorney. Similarly, you can get a referral from your state bar association or from the probate court. You can also seek the advice of financial advisors. Although most attorneys do not have any special certifications, you can check with state and county bar associations to find the best estate planning attorney in your area.
You should find an estate planning attorney who is experienced and knowledgeable in the laws that govern estate planning. The attorney should have knowledge of state and federal estate laws and be able to navigate complex estates. Your attorney will be able to advise you on how to best distribute your assets and make sure your beneficiaries receive their inheritances.
You should also ask about fees before you meet with an estate planning attorney. Fees can vary considerably, and they depend on how complex your situation is. Most estate attorneys offer a free initial consultation, but the fees for more complex planning can be higher. Many will charge hourly or even fixed fees. Before you meet with an attorney, make sure to ask about fees for different services, so that you can compare and contrast.
Probate avoidance is another major benefit of working with an estate planning attorney. Probate avoidance is possible through the use of revocable trusts. Jointly-owned assets, such as real estate, are exempt from probate. However, this approach has its drawbacks. For one thing, the surviving spouse or joint property owner will have to deal with taxes. If this is the case, a probate attorney will advise you on the best course of action.

CONTACT INFO

Weiner Law 12707
High Bluff Drive Ste. 125 San Diego
CA 92130
858-333-8844