Five Questions for your Elder Law and Estate Planning Attorney in Greater Memorial, Texas

estate planning law Infograph Before you get in touch with an elder law and estate planning attorney to get your legal and financial affairs in order, the first thing to do is call the agencie of the elder law and estate planning attorney in Greater Memorial who you will meet with to take care of your estate plan. This is a fantastic opportunity for a first stage screening. To find the right lawyer for you, take note of how the phones are answered. Will you have the opportunity to consult with the lawyer, or are you dealt with by some generic message center that may not be close to Greater Memorial, Texas?

When you do talk with somebody on the phone be sure to ask what will occur at the preliminary appointment. Ideally, the intention of the very first conference with your Elder Law And Estate Planning Attorney is not just to get to know him or her, however to supply you with some assistance and details on the best estate plans for Greater Memorial that will benefit you and your family. You want to leave this meeting with a clear action plan for what your next actions are, along with the lawyer’s recommendations for making sure that your affairs will be established in the best method possible for you and your family.

Second, you want to find out certain details,

such as, how frequently ought to you review your legal documents, and what takes place if you want to make changes later on. Far too often, households put in place legal documents and they think excellent that’s done now. (” I don’t need to think about that anymore”). Then, the end of their life comes, or a crisis arrives, and their family finds out that the documents are out of date, and certain updates would have significantly helped the loved ones deal with the current instance.

The estate plan that is out of date or does not carry out appropriately for modifications which may have been just recently enacted in Greater Memorial. Why does this occur? Because some legal advisers are not setting the best expectations for their clients. The truth of the matter is legal documents are not “set it and forget it.” Your wills, estate planning documents, and trust business documents demand to be gone over regularly, and upgraded throughout your life. You need to find a elder law and estate planning attorney who can present you guidance for examining your documents frequently, and who uses a program to provide you with continuing recommendations on an ongoing basis.

The third thing to understand before working with a elder law and estate planning attorney is can they assist you to make wise choices…

about things like buying insurance, financial and retirement planning and assisting you get your financial house in order? Your personal lawyer can and should be able to assist you in making the wise decisions, not just about things like legal documents; but, also about general guidance on financial matters, taxes and getting your financial resources organized according to federal and Texas guidelines.

This does not mean that your lawyer requires to be certified to sell insurance or financial products or practice every type of law, just that they have a breadth of experience and understanding, so that they can be a trusted consultant to you on these concerns, assisting you prevent pricey errors specific to Greater Memorial, Texas.

Fourth, what sorts of things can you put in place to ensure that your kids will forever be looked after…

by individuals you want as their caretakers, in the manner you desire, and won’t lose their inheritance to predators or financial institutions?

Today, there are strategies in legal planning that allow you to have the maximum assurance that your kids will never ever be left in the care of anyone you would not choose, even in the short-term, while the authorities of Greater Memorial are finding out what to do. Make sure that your lawyer offers an all-encompassing child’s defense plan for the care of small kids, including ID cards for your wallet and directions for your caretakers, noting out the names and numbers of local individuals who have legal authority to care for your kids, if you are not able to.

Fifth, what set of legal estate planning documents best fit your existing family circumstances?

Some households have more complex planning concerns to handle than others. Numerous kinds of concerns ought to be inquired about to assist ascertain what planning documents best fit your needs:

Will you require a trust produced during your life time, or is that better managed in you will?

Do you have any special needs member of the family that require to be attended to?

How steady are the marital relationships of your married kids?

Are you expecting to include members to your family through birth or adoption?

Are you expecting any large expenditures or inheritances?

Questions For Your Elder Law And Estate Planning Attorney.

If you are preparing to meet with an elder law and estate planning attorney in Greater Memorial, there are a few concerns you might ask to identify if that potential estate planning lawyer is right for you.

Are you experienced in dealing with estate planning matters?

Proceed with an elder law and estate planning attorney solely if he/she responds “yes” to this question. An estate planning lawyer will recognize with existing law and will have the needed strategic knowledge to thoroughly draft your documents in the most reliable method possible for Greater Memorial, Texas.

For how long have you been practicing?

Undoubtedly, you ought to make every effort to locate the most skilled lawyer possible, one who has seen his prepared documents take effect after a client’s death. There is no substitute for experience. It’s also crucial that you feel comfy speaking with this lawyer. After all, you will be talking about some of your most private and personal concerns.

Do you actually execute the plan?

Some legal advisers simply prepare estate planning documents, while others also execute the associated trusts and property transfers. It’s typically more effective to retain an attorney in the latter category, who can ensure that the right assets are transferred into the trust.

Can you assist me produce a comprehensive estate plan that consists of wills, trusts, survivorship arrangements and transfer on death documents?

You may have an option of multiple kinds of wills, trusts, survivorship arrangements and kinds of transfer on death documents, and extensive estate strategies can consist of all of these. So it’s crucial that your estate planning lawyer is knowledgeable in these facets. You might desire your estate planning lawyer to assist you understand the advantages and drawbacks of each estate planning tool and suggest the ones that might be best for you.

How do you charge?

Many elder law and estate planning attorney charge flat charges for certain basic services, like preparing a will or a trust, instead of billing by the hour. Some do both, where they charge a fixed charge for certain basic services, then charge a per hour rate for certain services that are unique to your situation. In any case, it’s makes sense to inquire about compensation methods ahead of time to prevent surprises.

How do you feel about revocable living trusts?

Putting properties into a revocable living trust can prevent the time consuming and pricey probate procedure. However this may not be the best move for everybody, particularly in Greater Memorial, Texas, because here the probate procedure is reasonably basic. Regrettably, some legal advisers advise revocable living trusts just so they can charge more cash. There may be other, simpler and more cost effective methods to meet your goals.

What other concerns do you attend to?

As life expectancy increases, so do the probabilities of physical and mental impairment concerns. Estate planning lawyers ought to assist clients get ready for the possibility of temporary or long-term impairment or dementia by preparing medical and durable powers of attorney, living wills, and statement of guardianship documents in Greater Memorial, Texas.


This is just a sample of the kinds of concerns that ought to be asked to assist direct the decision on what documents best fit your needs in Greater Memorial, Texas. Asking these concerns and hearing the best responses before you engage an attorney to deal with your wills, trusts, estate planning or business in Houston, Texas will guarantee that you put in place legal planning for your family and your business that will work when you need it.

Nick C. Caridas

Elder Law And Estate Planning Attorney

Serving Greater Memorial, Texas