Estate planning isn’t only about money, it involves other important aspects such as the division of assets and care of dependents. Estate planning is an opportunity to make sure final wishes are carried out according to your will. This is why it is important to hire an estate planning lawyer that you trust to help in making those plans.
Choosing an estate planning lawyer may seem daunting at first. After all, you will be choosing someone to trust with your possessions and life savings. When looking for the best estate planning lawyer in Michigan, start by getting referrals from people you trust, such as friends, family or a financial advisor. Next, research online to find out more about the lawyers you have shortlisted, this includes learning more about who they are and their expertise.
Once you have narrowed down your options, schedule an appointment or consultation. During these consultations, feel free to ask about certifications, how long they have been in practice, the services they offer and how they plan to assist you with estate planning. The answers and details that you get from each lawyer will help you decide who you think would be best to work with.
Important Factors to Consider When Choosing a Lawyer
Experience
You want to know your lawyer is adequately experienced to handle your case. Ask potential attorneys about how much estate planning they have handled, over how many years, and how much of their practice is devoted to estate and probate planning. A lawyer who is experienced in handling both estate planning and helping clients go through the probate process will have the knowledge and expertise to anticipate and resolve potential problems.
Cost
The cost of service is a key consideration in choosing a lawyer. Think of how much you can spend on the service and find a lawyer whose fees match your budget.
The fee structures for assistance with estate planning will vary depending on the type of services a lawyer provides and the complexity of your estate. Learn about what the lawyer’s policy is in terms of fees and then make your decision accordingly.
Reliability
When drafting your estate plan, you want to work with someone who gives you the attention and guidance that you need and deserve. Look for an estate planning lawyer in Michigan who is knowledgeable about state and federal laws, tax impacts of decisions, major estate consideration, and the relationship between health care planning, financial planning and estate planning. A lawyer with such knowledge will be able to educate and help you with considering your best options.
Estate planning is an important strategy for settling affairs and protecting assets for your loved ones after you pass. Foley Law Offices can provide assistance in creating a comprehensive plan that will help you maximize your wealth, protect it and pass it on to future generations. To start your own estate planning, contact Foley Law Offices at (734) 462-7500 today.