When you have decided to make an appointment to speak with an estate planning attorney for the first time you should have an idea of what to expect. There is certain information that you must get together so that you can answer important questions that your lawyer will be asking.
From a financial perspective it is a good idea to create a balance sheet called a statement of net worth. Simply put, you record all of your financial assets and all of your debts. Your attorney has to have an in-depth grasp of your financial situation to be able to give you sound advice.
Your attorney will also need to know your age and the age of everyone in your family. If you have been married in the past you should certainly share this information with your attorney. You are going to want to communicate the existence of any agreements that you may have made with a former spouse or spouses.
Some people feel uncomfortable talking about their personal lives, but it is very important to be completely forthcoming with your attorney.
Another thing to share with your lawyer would be the existence of any previously executed estate planning documents.
Because of the fact that you do indeed have to confide in your attorney you should select someone that you genuinely feel comfortable speaking with because the ideal is to develop an ongoing working relationship.
Our firm understands the sensitive nature of these interactions, and we do everything possible to place our clients at ease. Should you be interested in discussing your estate planning goals with an experienced local attorney give us a call at 800-295-1917 to set up a free consultation.
Latest posts by Saul Kobrick (see all)
- 529 Plans: Planning for Education with a Tax and Asset Protection Bonus - September 10, 2019
- The Importance of Communicating Your Plans - September 5, 2019
- Planning for the Unexpected - September 3, 2019