Do you need to plan for a transfer of ownership of property?
Around 6 in 10 adults do not have a will; however, estate planning is essential no matter your age. Because it is so crucial, it helps to have assistance.
An estate planning attorney can ensure you understand and complete estate plans in the best way for your whole family. However, choosing estate planning attorneys is no easy task. With over 630,000 in the US, there are many to choose from.
So, how do you pick the best estate agent attorney? Read on for five things to consider when choosing estate agent attorneys.
Estate Planning Experience
When you look at options for attorneys, always look at their estate planning experience. Are they specialized in the area? And how long have they worked in the estate planning field?
Estate planning experience is invaluable to navigate obstacles. You want an attorney knowledgeable about all processes, such as the probate process, Power of Attorney, and transfer of land title to heirs.
An estate planning lawyer may look good on paper, but what is their reputation? You can ask for recommendations but also spend time reading online reviews.
You want to make sure customer testimonials are positive. Do not just read reviews on the attorney’s website. Find independent reviews too.
Cost of Service
What is included in their service? You should receive a written fee agreement that details everything that is included. Sometimes there is a flat fee, or hourly charges, or a combination of both.
More services such as transfer of ownership of property, and experience level, will impact the price. Some attorneys also offer free or low-cost initial consultations, which can be helpful to see if they are the right attorney for you. Spend time comparing attorney costs to check you are getting a fair price.
You do not want mistakes or malpractice to damage your estate plan. Always check that the attorney has professional liability insurance. Some states require attorneys to have insurance, but others do not, so always check.
Sometimes an attorney can have the experience level you want, an excellent reputation, and a reasonable fee. But choosing estate planning attorneys can sometimes come down to whether you click.
You want to feel comfortable with your attorney as you could be spending a significant amount of time with them. At the initial consultation, see whether they seem interested in your situation and keen to be involved. While it can take time to get to know them, you will be able to gauge whether their values align with yours.
Choosing Estate Planning Attorneys
When choosing estate planning attorneys, it can be easy to get lost in bargain prices, hype, or geographical constraints. But if you consider these factors, you will be able to find excellent options for attorneys. The right estate agent attorney will offer the best possible estate planning experience for you and your family.
Did you like this article? Read on for more helpful posts!