One of the most important decisions you'll have to make when creating an estate plan is which estate planning law firm to work with.
With so many Estate Planning Attorneys, it can be challenging to find the right one for your estate planning, says Diving Daily's recent article entitled “5 Factors to Consider When Choosing an Estate Planning Law Firm.”
The article lists the following factors you should consider when choosing an estate planning law firm.
- Your Specific Needs. Before you look for an estate planning lawyer, first determine what it is you need from the lawyer. Consider the intricacies of your estate and whether it has any complexities and special considerations. This will help you narrow down the list of legal professionals who can help you plan your estate.
- Experience. Working with an inexperienced law firm or attorney will only work to your detriment. You typically want to look for a lawyer with at least five years of experience in estate planning.
- Fees. The expense shouldn't be your primary consideration when selecting an estate planning attorney, but it's still worth mentioning. Make certain that you find an attorney that you can afford. However, this doesn't mean you should hire the cheapest lawyer you can find. In most cases, you'll end up getting what you pay for. Instead, find a lawyer with reasonable rates.
- Reputation. You want an estate planning attorney who has made a name for his or herself in estate planning law. Look at reviews and testimonials online. These are first-hand accounts of previous clients' experiences with the law firm. They'll help you decide whether the lawyer is worth your time and money.
- Attitude. Make an in-person appointment with the attorney before making your decision and learn about the lawyer's attitude and demeanor. You'll want an attorney that's friendly and easy to talk to. You should note his or her professionalism and knowledge of estate planning.
Make sure you do your due diligence to find the best people to help you plan your estate.
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Reference: Diving Daily (April 26, 2022) “5 Factors to Consider When Choosing an Estate Planning Law Firm”