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But can any licensed attorney do the job? In most cases, no. Complex estate planning techniques like living trusts, dynasty trusts and foundations require experienced estate professionals who know the benefits and pitfalls associated with each strategy. Every state has different probate and wealth distribution laws. The attorney that drafts your estate planning documents must be aware of these laws, and how they would be applied to your estate. Only then can your family reduce or (if at all possible) eliminate probate and estate taxes. When selecting a qualified attorney, look for one who has at least 10 years of experience in the field of estate planning. Also look for an estate attorney who is licensed to practice law in your state of residence. You may also want to ask for references before beginning any legal work. A great way for finding an attorney is often word of mouth. Friends and relatives that have already completed their estate plan can provide a good reference. Acquaintances that have actually executed an estate plan, and worked with a professional attorney along the way, are even better references. And professional organizations and associations that provide continuing education for estate attorneys, often attract qualified attorneys to their membership. Remember, estate and tax laws change frequently. If the attorney you select has not practiced law in some time, your estate plan may not take into account recent changes"
Finding an Estate Attorney Today, it's difficult to find a qualified estate attorney. Open up the yellow pages, and you'll be greeted with dozens of ads from attorneys, all jockeying for your business. We aimed to give you the upper edge when looking for an estate attorney through the SaveWealth Attorney Network. SaveWealth.com screens qualified estate attorneys across the country to join the SaveWealth Attorney Network. These independent attorneys undergo a thorough review before they are listed in our directory. These practitioners have agreed to go through the time and expense of our extra screening. In turn, SaveWealth provides detailed profiles and biographical data on each member to help you make an informed decision. And chances are, there may be a qualified estate attorney near you. To see if one is close to you, click here!
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SaveWealth and its advisors do not practice law. This material is designed for educational purposes only, and imay not be appropriate in every situation. You should consult with an experienced attorney and tax professional before beginning any estate plan. For more information, please click here. |
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