Basically, you search the Internet and search the different sites of estate planning lawyers in cities and states. In addition, the best place to go is. How can you find out who is a good estate planning lawyer in your local area? Choosing a lawyer to represent you is obviously an important task. Of course, the decision should not be made on the basis of advertising alone.
There are certain questions you should ask that will lead you to the best estate planning lawyer for you and your family. Below is a summary of 10 tips for choosing the right estate planning lawyer for you. When you have a job list of candidates and references, look at the background of each lawyer. Refer to their websites for information on company size, experience and expertise.
Take a look at the social media sites each lawyer uses. How a lawyer is represented on social media sites can give you an idea of what it will be like to work with them. The best way to find a lawyer is to ask people you trust. You'll want an attorney who is board certified in estate planning, if your state offers such certification (not everyone does).
The National Association of Estate Planners %26 Councils is a group of affiliated lawyers, accountants and other advisors who specialize in the discipline. The answer depends on your particular situation. If you live with your spouse and only one of you enters the nursing home without proper planning for the care of the elderly, the home will remain in the possession of the other spouse for your lifetime. However, Medicaid can impose a lien on the home if proper Medicaid planning is lacking.
Therefore, losing your home to pay for Medicaid is a real possibility. At the Law Office of Inna Fershteyn and Associates, P, C. We specialize in Medicaid planning, law planning for seniors and asset protection for over 18 years. Our experienced lawyers will assess your long-term care needs and find the optimal solution for you and your family to protect your estate from nursing home claims.
The client's father died, his name was on the deed to the house worth $1.5 million. He is survived by his second wife and two children from a previous marriage. There was concern that, after the death of the stepmother, her stepchildren would not receive their share of the father's property, since they are not blood relatives of their stepmother. There was also a concern about potential property disputes, as the stepmother's relatives did not want her children to inherit.
Stop mom also wanted to leave part of the farm to her own 2 sisters who had children if theirs. Now that you understand what exactly is an estate planning lawyer, you may be wondering how to find an estate planning lawyer that is right for you, your situation and your estate. Contact Inna Fershteyn today to set up your initial consultation with an experienced estate planning attorney. If you have financial interests abroad, you may need the skills of an attorney who specializes in international estate planning.
Once you've narrowed down your list, ask about the exact nature of the attorney's trust and estate experience. You can really create a great estate plan online, and with the peace of mind that you have a plan that protects you and your legacy. There's no better feeling than knowing that you've done everything you can to create the perfect estate plan. Also known as probate lawyers or probate lawyers, they can ensure that you have everything covered when it comes to how your estate will be valued, inventoried, distributed and taxed after your death.
Joseph, Estate Planning Attorney, Certified Public Accountant (CPA) and Founder of Joseph %26 Joseph Tax %26 Payroll in Williamston, Mich. Membership in an organization such as WealthCounsel indicates that the lawyer you meet with is committed to keeping up to date with the latest and greatest estate planning developments. When it comes to finding an estate planning lawyer, recommendations may be worth their weight in gold. However, there may be someone else who can manage your estate when you are gone, who is not as personally involved and is better able to handle extensive duties.
They can also be hired to help navigate power of attorney (POA) situations and often advise on the best ways to establish estate plans to make things as easy as possible for loved ones dealing with the estate of a deceased (someone who has died). The best trust and probate lawyers in New York will work diligently to ensure that individual concerns are carefully addressed and objectives are met. You can have several types of wills, trusts, and life insurance plans, and comprehensive estate plans can include all of these. Putting Your Child's Name on the Deed By placing your child's name on your home deed, you are giving your child financial headaches as they will have to face high estate taxes.