What Kind of Questions Will My Estate Planning Attorney Ask?

Having an estate plan in place can help plan for the future and help provide for loved ones. It is important to speak with an estate planning attorney to get the process started.  Are you nervous about the questions that your attorney might ask?  Know that these questions are important and will help decide what type of planning is best for your personal situation.  Below are some questions that your attorney might ask.

• What are your estate planning goals?
• What assets do you currently have?
• What debts do you currently owe?
• Are you married? Divorced? Separated?
• Do you have a life insurance policy?
• Do you have a retirement account or other investment accounts?
• How many children do you have?
• How many of your children are minors?
• Do you have grandchildren?
• Who would you list as a guardian if  you were unable to care for your children?
• Who is your financial advisor?
• Do you have a family business?
• Do you own property in another state?
• Do you own property with another person?
• What medical treatment do you want if you are terminally ill?
• Who will make medical and financial decisions for you if you are unable to?
• What do you want to leave for your children or loved ones?
• Do you have specific funeral and burial instructions?

While the above questions can be difficult to answer, they are an important part of the estate planning process.  Answering these questions can help to provide a customized estate plan for your family’s needs.  Your attorney will guide you throughout each question so that you understand your options and make the best choice.

If you have further questions about your planning, consult with a qualified estate planning attorney.