Choosing an estate planning attorney can be a bit of a daunting task. It’s important to find an attorney who has the right experience, as well as a strong bedside manner. This will help you feel comfortable during the process. An estate planning attorney may be able to create a plan for you, and even help you review it from time to time. They may even recommend that you name them as the executor of your estate. They can also help you determine how much estate taxes you will owe. In addition, they can help you set up a trust and make health care decisions for you in the event of a disability. Click on Glen Burnie estate planning
An estate planning attorney can charge hourly rates, as well as flat fees for estate planning. In addition, some attorneys charge an upfront retainer. This will cover the cost of the initial consultation. However, you should ask about any fees you may be required to pay after the initial consultation. Many attorneys will count any work done against the retainer. If you have a large estate, you may need to hire an attorney who specializes in estate planning.
You may also be able to find an estate planning attorney through referrals. Ask friends and family members who have used an attorney. You may also find an estate planning attorney through an online search. Some attorneys even offer a free first consultation.
A good estate planning attorney should be able to offer you the best legal advice, and be knowledgeable about federal and state estate laws. They should also be willing to communicate with you in a clear and professional manner. It’s also important to find an attorney who has a good rapport with you. During the consultation, you should also be able to ask questions about the estate plan. This will help you ensure that your plan is a good fit for your needs.
An attorney will also be able to prepare your documents, such as a last will and testament. Some attorneys also provide a form called a “living will,” which names a person or persons who will make healthcare decisions for you in the event of a physical or mental disability.
An estate planning attorney may be able to help you set up a living trust, which will reduce the amount of inheritance taxes that you owe. However, a revocable living trust won’t completely avoid inheritance taxes. It’s best to work with an attorney who has experience with revocable living trusts.
An estate planning attorney will be able to create a plan that’s best for you, but he or she may not be the best tax expert. If you have a large estate, you may need to work with an estate planning attorney who specializes in estate tax law. They may also help you prepare for long-term health issues or dementia. They may also be able to help you set up a guardianship for minor children.
Contact Info :
Chesapeake Wills & Trusts
7310 Ritchie Hwy #900
Glen Burnie, MD 21061
Phone Number : (410) 590-1900