Does My Attorney Need to Be Specialized In Estate Planning Or Can He Have Broad Practice to Plane My Estate?
Should My Attorney’s Primary Focus Be Estate Planning?
The answer to this question really depends on your personal circumstances and what you will need. Depending on your needs, you may just need simple wills, power of attorney, and health care documents or you may have a need for elaborate living trusts or revocable trusts.
For example, if you have a limited number of assets and are passing your estate on to a single person, you probably only need simple documents assembled. However, if you have a complicated family or financial situation or your estate is taxable, more elaborate documents will need to be created.
If you are in the situation where you really don’t require advanced documents, a specialized attorney is probably not required. An attorney whose practice is broad should be sufficient for your situation. However, if you are in the class where you do require more elaborate set of documents, they you will want to work with an attorney whose primary focus is estate planning and estate tax reduction.
How Many Years of Experience Should My Attorney Have?
Whether your attorney is a generalist or is specialized in estate planning, the more experience they have, the more exposed they are to the estate planning process and what is required. They have had the chance to see how their estate planning documents perform when a client becomes disabled or dies.
The more an attorney has practiced estate planning law, the more documents such as wills, trusts, power or attorney, and health care documents have been revised and tweaked to make sure they handle everyday situations that their clients encounter.
So the simple answer is, the more experience better. This will help give you a spirit of peace as you work with your attorney to prepare the documents that you require.
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