March 01, 2022
All About Hiring an Estate Planning Attorney
Hiring an estate planning attorney is the best way to ensure you leave a legacy that will not begin a conflict in your family. While you may not need an estate planning attorney in every case, some complex and challenging cases require the expertise of these professionals. If you have an estate you want to protect while expanding it and saving it for your heirs, you should consider hiring an estate planning attorney.
Here is everything you need to know about hiring an estate planning attorney.
Who is an Estate Planning Attorney?
An estate planning attorney is a lawyer who specializes in handling matters related to assets. They help you by preparing the last testament, setting up a living trust, supervising asset transfer, tax planning, and creating a power of attorney.
How Can an Estate Planning Attorney Help Me?
If you have a complex estate, an estate planning attorney can help you create an estate plan that profits you while you are alive, supports you in urgent situations, and provides for your family after your demise. Other situations where an estate planning attorney can help are when you want to set up a living will, save federal estate taxes, bequeath your assets to a non-citizen family member, and much more.
How to Choose an Estate Planning Attorney?
When hiring an estate planning attorney, you should take all measures to ensure they are good at their work. Some key characteristics of excellent estate planning attorneys are-
- expertise in their specialty
- a good reputation
- highly experienced
- a good communicator
- Charges reasonably
What Are the Fees of Hiring an Estate Planning Attorney?
Estate planning attorneys charge their clients on different bases. For instance, setting up a will may only cost you a couple of hundred dollars. However, if your estate is intricate, it might cost more. The fees also depend on the area of practice, services you choose, the lawyer’s fees structure, and the complexity of your estate.
About Castle Wealth Group
Contact Castle Wealth Group for all your estate planning needs. We help you build a perfect strategy for your retirement, including income planning, investment planning, tax planning, health care planning, and legacy planning. Visit our website, call us at 844.885.4200, or email us for expert financial advice.