New Jersey estate planning: Hiring an attorney!
In New Jersey, you don’t have to notarize your will in order to make it legally valid. You can also create a self-proving will, which is notarized. Confused? These are just two facts about estate planning. The whole process of creating an estate plan is a complicated one, and the one-idea-for-all approach doesn’t work. In this post, we are talking more about hiring an estate planning attorney New Jersey.
The need for an attorney
You may have heard some great things about legal services that promise to automate estate planning. However, estate planning is not something to be taken lightly. Also, a small mistake in your will or any other document can cause unprecedented troubles and disputes among your loved ones.
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Wills, powers of attorneys, living trusts, and living wills are not key estate planning documents, and only an attorney should advise on these matters.
How to hire an estate planning attorney?
First and foremost, you have to ask for an initial consultation session. Some lawyers don’t charge anything for the first meeting, while others work on a nominal fee. When you meet a lawyer, ask questions like?
- How long have you been working as an estate planning lawyer?
- What part of your practice is dedicated to estate planning?
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- Do you also specialize in elder law?
- What is your success rate? Can you share a few references?
- What is your immediate opinion about my situation?
Most lawyers charge a flat fee or have an hourly rate. The work involved in estate planning can be expansive depending on your situation and wealth. You can expect an attorney to give an early estate.
What to talk with an attorney?
Estate planning lawyers would want to know your situation, assets, family life, and other aspects that can impact your estate plan in any manner. The eventual purpose of creating an estate plan is to ensure that your wishes are honored. Your lawyer will take all possible steps to draft valid and binding estate planning documents that are unlikely to be disputed.
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People often have an emotional time trying to share their assets and estate with their loved ones. An attorney can offer the unbiased advice and solutions they need to address key concerns.
There is no better time to think of estate planning. If you are an adult with a steady income, you should consider having a will at the least, and as you grow, your estate plan must be revised.