Estate Planning? How do I Start?

We understand if engaging in the estate planning process seems like a big deal.  There are forms to fill out, difficult issues to think about, documents to review, legal fees to be paid, and you have to work with an attorney which may be something you have not previously had to do.  None of these things rank highly on anyone’s “My Top 10 Ways to Spend an Afternoon.”  But, let us put your mind at ease.

Once you enter the estate planning process, you’ll feel a much better.  You’ll be able to get your questions answered, concerns addressed, and learn how estate planning will keep you in control and protect both you and your family.

Let’s answer your question first; then, we’ll address how estate planning will make you feel better, in detail.  Where do I start?  First, find an experienced and qualified estate planning attorney. It should be an attorney who has focused his or her practice on estate planning for a long time, and not a rookie attorney or a general practice lawyer who dabbles in different areas of law.  Estate plannng is a complex area which requires the full attention of the attorneys who practice in this area. An experienced and qualified estate planning attorney will have years of experience and be able to answer your questions and make you feel comfortable.

Okay, we’ve addressed how you get started (i.e. you hire a qualified and experienced estate planning attorney); next, we’ll discuss how much better you’ll feel when you’ve engaged in the estate planning process.

We find our clients feel increased peace of mind and can sleep better at night because they feel in control and know what will happen when.  For example, our clients with minor children know who will raise their children if they cannot.  They know who is authorized to stay with their children so they’re never placed into foster care; and, they know who will manage the assets that they leave for their children.

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Timothy P. Murphy

Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.

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