Most people spend their entire lives working hard at accumulating assets. However, you may not realize how quickly your family can lose them all in the event of your death. According to USA Today, this is especially true for blended families. This is why it’s so important for you to find a reputable trusts & estate lawyer in Bartlett.
What to Look for in a Reputable Attorney
One of the best ways to find a lawyer is by talking to your friends, colleagues, and relatives about their experience so you can understand the pros and cons of their experience. You’ll find that most people are willing to give you a recommendation, and even warn you against some attorneys.
Financial advisors and accountants are also a great source of information. You’ll want to talk to them about your estate plans, so why not ask them for a recommendation to an attorney as well? They’ll typically have contact information for good attorneys in your area. After all, they usually talk to these attorneys themselves about trust and income tax matters.
Things to Consider
Regardless of where or how you find an attorney, Forbes says that there are some things you’ll want to make sure you talk to them about. These are things that are important to include within your will. For instance, if you’re married and both you and your partner pass away and leave behind children, who would take care of them?
Of course, the questions don’t end there. Money says you must take a full inventory of things like bank accounts, credit cards, investments, and retirement funds, which is why it’s important to also involve your financial advisor or accountant. Sometimes your will can even grow a bit complex, such as when you have a joint bank account with a partner or spouse, own property with someone else, or have a committed partner involved to whom you are not married. This is especially true if you have children with this partner, because you must use great discretion in determining who will take care of them.
Now that you’re much more knowledgeable in this topic, isn’t it time to find a trusts & estate lawyer in Bartlett to talk to? Regardless of your age or how well your health is, planning ahead in this way with a law firm like Jackson and Abdalla won’t only bring peace of mind to you, but to your family as well.
When you’re ready to get your affairs in order, contact one of the lawyers at Jackson and Abdalla. We’re here to help!