10 Things to Ask Before Hiring an Estate Planning Lawyer
There are 10 things you should ask before engaging an estate planning lawyer to help you plan for the well‐being of your money, your family and your life.
Knowing the answers to these questions before you engage an estate planning lawyer will ensure you put in place an estate plan for your family that will really work when your family needs it and won’t end up just a pile of worthless paper after you are gone.
Many estate planning attorneys take a "one-size fits all" approach with their clients; they do this so that they can work with as many people as possible in a short period of time. The problem is that the client has an impersonal experience; but worse than that, this way of planning can lead to unintended results in the long run for the family.
When lawyers don't take the time to listen and consider a family's personal circumstances, the result is that the trust documents do not end up reflecting what the family really wants to happen. And usually there is no review or updating, so the plan becomes outdated and does not work. So even though the family may pay less up front, it turns out to be much more expensive in the long run, not to mention the additional heartache for the grieving family.
Morgan Law Group is right for you if you want to have the confidence that your plan will actually work when you and your loved ones need it the most.
First we listen; then we work with you to design a comprehensive plan that protects you and your assets and makes things as easy as possible for your loved ones when something happens to you.
We see an estate plan as so much more than just a set of documents that you sign and put in your closet, only to never look at them again. We hope to begin a relationship with you and your loved ones that will last over the course of your life and that will continue, so that you or your loved ones will turn to us when the bad days come.
We are different from most estate planning lawyers. And we think you should know why this is important so that you can make the very best decision for you and your family:
- All of our fees are fixed fees. We want our clients to communicate with us and we want to foster a lifetime relationship. At our initial meeting you will choose the level of planning and fee that works for your family, so there will never be any surprises.
- We keep you informed. So that we can best protect your family, we continually educate ourselves about the latest and best techniques. We attend nationally recognized educational conferences on advanced planning topics several times throughout the year, and we communicate with you to let you know what we learn when it impacts your family.
- We Review Your Plan Every 3 years. Throughout your life, things change. You change; your assets change; your family changes; the law will definitely change. We contact you to review your plan every three years and we have a Client Membership Program for clients who want even more interaction with us.
- We have a whole team in place to answer your quick questions and to make the planning process incredibly easy and painless for you and your family.We have a process for helping you make sure that your assets are titled in the right way, both now and over your lifetime.
- We help you get your legal and financial house in order by helping you make smart choices about things like buying insurance, saving for college, and retirement planning.
- Legacy Planning. We believe that planning is about much more than just the transfer of your financial wealth. We have a process for helping you transfer your more important personal wealth onto your loved ones such as your intellectual, spiritual and human assets of who you are and what’s important to you.
Before you engage an estate planning lawyer to help you plan for the well‐being of your money, your family and your life, there are questions you need to ask. You need to ensure that the estate plan you put in place will really work when your family needs it and won’t end up just a pile of worthless paper after you are gone.