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What to Think About Before Meeting With an Estate Planning Lawyer

What to Think About Before Meeting With an Estate Planning Lawyer

I am happy to announce that we have finally finished creating a series of short videos regarding the estate planning and estate administration process.  Here is our third video in which Kevin A. Pollock, Esq., LLM is being interviewed by Pierson W. Backes, Esq., the head of our estate litigation department, regarding the things a person should think about before meeting with an estate planning lawyer.

Some of the things people should think about include where you want your money to go, who you want to be in charge of your estate, who you would want to act as trustee of any trusts you create, and who should be guardians of any minor or disabled children.

The role of the attorney should be help people put the legal structure in place, including setting up trusts, and to make the plan tax efficient.  A good estate planning attorney will also help you understand the options on how to get money to different people.  For example, if you want to leave $100,000 to a sibling, it might be more tax efficient to name them as beneficiary of a life insurance policy rather than naming them as a beneficiary under your Will,

 

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