Guide to hiring an estate planning attorney


Posted May 6, 2021 by edwardselderlaw

You should proceed only with the professionals who are primarily focused on estate planning.

 
An estate planner needs to be acquainted with all alterations to legal statutes and have the required strategic know-how so that he can efficiently word your documents in the most useful way possible.

You must strive to identify the most experienced professional possible, one who has gone through different types of complications of the process and faced legal challenges. Such attorneys know how to get the better of any hurdles.

What are the services they offer?

Some lawyers just draw up the documents of estate planning, while others provide services for both Trust and estate planning. It is typically more efficient to bargain for a professional in the latter category, who can assure the right assets are transferred into the trust.

Some estate planning attorneys will review your affairs annually or semi-annually for a small fee. This can be vital, because you may need to make adjustments to your plan if you go through a change in your life or your finances. New amendments in legislation have the potential to change aspects of your estate planning.

Do you need a comprehensive estate plan?

You may have different kinds of wills, life insurances, and trusts, and an extensive estate plan should include all of these. So, the attorney you are willing to hire must have sufficient knowledge in these areas. You may need your attorney to assist you to understand the nuances of each tool of estate planning and determine the one that might be appropriate for you.

How does the attorney charge?

Some attorneys charge flat fees rather than billing by the hour while others do both, charging a certain rate for services such as establishing trust and then ask for an hourly rate for special tasks. It is better to analyze the compensation models early on to avoid surprises.

If you are looking for an estate planning lawyer, make sure you conduct thorough research and find the best one. Discuss all your requirements and the payment for that beforehand to avoid any confusion in the future.

Contact Details:
Edwards Elder Law, P.A.
St. Petersburg Elder Law Attorney
2510 1st Ave. N.
St. Petersburg, FL 33713
TELEPHONE: (727) 209-8282
Website: https://edwardselderlaw.com/
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Issued By edwardselderlaw
Phone (727) 209-8282
Business Address 2510 1st Ave. N. St. Petersburg, FL 33713
Country United States
Categories Law , Legal , Services
Tags elder law estate planning attorney , estate planning lawyer , lawyers for the elderly near me , trust and estate planning
Last Updated May 6, 2021