Estate planning is the process of determining how your assets will be distributed after you pass away or if you become incapacitated. The process can be complicated, but estate planning attorneys are available to help guide you through the process and ensure no mistakes are made.

How do you know if you need to hire an estate planning attorney? Experian recommends you consider hiring an estate planning attorney if you have a large or blended family, own many assets (especially in other states, provinces, or countries), own a family business or investment properties, want to create a trust, or are worried about estate or inheritance taxes.

On the other hand, if your situation is much simpler, you may not need to hire an estate planning attorney. Several online services can help you create a will on your own for a minimal cost. But remember that your estate plan must adhere to state, province, and federal laws.

Several documents and situations are part of an estate plan, such as a last will and testament, a living will, trusts, durable financial and medical power of attorneys, limited power of attorneys, and choosing beneficiaries. An estate planning attorney can guide you through the process of these documents and verify that all aspects of your estate plan comply with the laws in your state, province, and country.

The cost of hiring an estate planning attorney varies depending on where you live and your chosen law firm. According to NerdWallet, hourly fees can range from $200-$400, and flat-rate package fees can be $1,000-$2,000. Many estate planning lawyers may offer a free consultation so you can meet and review the services offered before hiring them for your estate planning needs.

An estate planning attorney can help you update an existing estate plan if you already have one. Certain life events like a marriage or divorce or the birth or loss of a family member may require you to update your existing estate plan. Even if no significant life events occur, laws may change, so it’s a good idea to revisit your plan periodically to ensure everything is in order.

How can you find an estate planning attorney near you that you can trust? Ask family, friends, and neighbors for recommendations. Asking for a free consultation can also help you determine if an estate planning attorney is a good fit for your situation. Remember, you’ll discuss personal and financial matters with the attorney, so hire someone you can trust.

You can also research their online reputation. Check to see if the estate planning attorney is a member of local or state professional associations and councils, see if their website is professional and accessible, and read customer reviews online. And be on the lookout for the BBB Seal when hiring an estate planning attorney. BBB Accredited estate planning attorneys have agreed to adhere to the BBB Standards for Trust.

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