What Does an Estate Planning Attorney Do?Estate planning attorneys help you through the process of deciding how to divide your assets, and advise you on the documents you need to make sure your wishes will be fulfilled. They can also help create documents to protect you if you become sick. An estate planning lawyer will make sure that these documents are adhered to later on.
How Do I Know If I Need an Estate Planning Attorney?Estate planning lawyers review and draft many documents, including:
- A last will and testament
- A durable power of attorney
- A medical durable power of attorney
- A trust
- Beneficiary designations
How Much Does an Estate Planning Attorney Cost?Many estate planning attorneys charge flat rates for drafting a document or planning your estate. More complicated matters, such as acting on your behalf, handling disputes, or making sure the will is carried out will be more expensive and will likely charged by the hour. How much you pay will depend on the services you require and what part of the country you live in. Decide on rates up front with your lawyer.
What Should I Expect When Working with an Estate Planning Attorney?An estate planning attorney will ensure that your affairs are in order and all of your documents are valid and enforceable. Without legal advice, your affairs will be left up to your family and they’ll be left unsure of how to divide your assets. Unless you need to change one of the documents, after consulting with an attorney about estate planning, you should have everything you need to be confident that your plans will be carried out.
This article contains general legal information and does not contain legal advice. Rocket Lawyer is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.