What questions should I ask my estate planning attorney?
Here are some questions that you may want to ask your estate planning attorney:
What estate planning documents do I need? A good estate planning attorney should be able to evaluate your individual needs and help you determine which documents are necessary to achieve your estate planning goals. This may include a will, trust, power of attorney, and healthcare directive.
What is the cost of estate planning services? Estate planning can be expensive, so it is important to understand the costs upfront. Your attorney should be able to provide you with a clear estimate of the costs involved in your particular situation.
What is the process for creating an estate plan? Your attorney should be able to explain the steps involved in creating an estate plan, including any meetings, document preparation, and reviews.
How will my assets be distributed? Your attorney should be able to explain how your assets will be distributed after your death and how any taxes or fees will be paid.
How often should I update my estate plan? Your attorney should be able to advise you on how often your estate plan should be reviewed and updated to ensure that it continues to meet your needs and reflects your current wishes.
What happens if I become incapacitated? Your attorney should be able to explain what will happen if you become unable to make decisions for yourself and how your healthcare and financial affairs will be managed.
Can you help me with asset protection strategies? Your attorney should be able to explain what steps you can take to protect your assets from potential creditors or other risks.
What experience do you have in estate planning? You should feel comfortable with your attorney's experience and qualifications in estate planning.
Overall, it's important to find an estate planning attorney who can answer your questions and provide you with personalized advice to help you achieve your estate planning goals.
