A will is one of the most commonly known estate planning tools for passing your assets onto your heirs after you die. But, will, trust, and estate law is complex and it is not an easy task to draft a will that is legally binding. Because leaving your assets behind to your family is so important, people often seek the assistance of a will attorney to make sure that the will is accurate and legally enforceable.
A will is one of the most commonly known estate planning tools for passing your assets onto your heirs after you die.
But, will, trust, and estate law is complex and it is not an easy task to draft a will that is legally binding.
Because leaving your assets behind to your family is so important, people often seek the assistance of a will attorney to make sure that the will is accurate and legally enforceable.
What can a will lawyer help me draft in a will?
A will attorney can help you:
How Much Does A Will Lawyer Cost To Draft A Will?
Billing methods may vary. Some will attorneys charge by the hour and some charge flat fee, but most experienced will lawyer should be able to charge a flat fee once they have an understanding of the size and complexity of your estate.
Will lawyer fees also change depending on the size of the firm and location.
If you know you need an estate plan and you’re trying to determine if a will is best for you, contact the office of a will attorney to see if they provide initial consultations.
An initial consultation allows you to ask any questions about drafting a last will and testament. It also allows the attorney to get a better understanding of your situation so they can give you an accurate quote.
At the end of the initial consultation, you should have a pretty good idea of how long it will take to draft the will and how much it will cost.
What Are The Different Types Of Fee Arrangements For Will Lawyers.
Consultation Fee: Some will lawyers provide free consultations, while others charge an initial consultation fee. These charges may be a fixed or hourly fee for your first meeting.
Flat Fees: Some will lawyer's charge a flat fee for drafting a will. Normally, once an experienced lawyer has an initial consultation with you, they are able to give you a flat fee quote on how much it will cost to draft your will.
Hourly Fees: Some lawyers will charge by the hour to create a will.
It is up to you to determine which billing method you prefer when selecting a will lawyer.
If You Are Contesting The Will In Michigan
Contesting a will can be challenging, especially if your case seems like it could be pretty simple but it may also be necessary if you feel that an individual or family member has been denied rightful inheritance or given less than what they are entitled to.
Estate Planning What Is It And Why Should You Care?
Estate planning refers to the legal and financial preparations you make to ensure that your assets are distributed as you wish after your death. The Estate Planning process involves both making decisions about how your assets will be distributed after your death and taking legal steps to protect those assets in case something happens before your death.
5 Estate Planning Myths You Probably Believe
Many people think estate planning is all about wealth protection, but that’s only part of the story. Creating an estate plan also helps you plan your life, particularly when it comes to inheritance and making sure your money goes where you want it to go.
