Important Element for Choosing an Estate Planning Attorney

Important Element for Choosing an Estate Planning Attorney

When choosing an estate planning attorney, you should be able to find someone who specializes in the area of your needs. A good way to choose an attorney is to ask for referrals from friends and family or use the internet to find an attorney. Magiros Blattner, LLC has some nice tips on this. An estate planning attorney is important because they should be able to help you plan for the future. An attorney must have completed legal training and has been admitted to the bar in your state. A good estate planning attorney should be willing to meet with you in person for at least 15 minutes to discuss the details of your needs.

Once you have narrowed down your list of possible attorneys, it is time to interview them and choose the right one for your situation. The attorney should be willing to discuss fees and expenses, and may even provide an engagement letter defining the nature of the legal engagement. Ask about their experience in estate planning so you’ll know what to expect. A strong attorney-client relationship will make estate planning a pleasant experience. Be sure to ask about the time limit and cost of the initial consultation.

Your estate plan may need to be amended over time, depending on your circumstances. You may have already drafted a document with your attorney but have since changed your assets and location. This change could require a revision of your estate plan. An estate planning attorney can make any necessary changes so your plan is as up to date as possible. Regardless of whether you need a complete overhaul or just a few minor changes, it is a good idea to review your plan every three years or so to ensure that it still serves your purposes.

Minor children need to be addressed during estate planning. If you have children that are under the age of 18, you should nominate a guardian for them, and if you have backups, you should name them as well. These nominations will likely be followed by the court. However, keep in mind that guardianship can come in two flavours, physical custody and guardianship of estate. Most courts separate physical custody from guardianship of estate.

When choosing an estate plan attorney, make sure to discuss the specific assets you want to be included in the will. You need to determine the size of your estate for tax purposes and decide how to distribute the rest of your assets. Remember, estate planning is an ongoing process and should be reviewed as circumstances change. As the laws and your family members change, make sure you have an estate plan that reflects the current situation. It is important to consult with a knowledgeable attorney to ensure that your wishes are followed.

Your estate planning attorney can help you navigate the complex estate laws in your state. They can also help you minimize taxes and fees by setting up appropriate restrictions on your estate. They can help you make charitable contributions and retirement plans. These lawyers can also help you manage your life insurance policies and retirement plans. These attorneys can also provide you with information and guidance regarding the distribution of these assets. If you have more than one beneficiary, you should consider hiring multiple attorneys to avoid the hassle of a long legal battle.

Contact Info

Magiros Blattner, LLC
100 W Pennsylvania Ave #302
Towson, MD 21204
Phone No. : (410) 716-1500

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