At Broaden Law, we know that creating an estate plan can be challenging for people who don't know anything about trusts, wills, and estates. As a result, we got asked many questions about the estate planning process when our attorneys meet with clients to create their estate plans. So here we have compiled a list of frequently asked questions about our estate planning process.
Why do I need an estate plan?
You must create an estate plan to select those that will inherit your property after you die. If you die without creating an estate plan, your property will be distributed according to state law. A solid estate plan ensures that your wealth will remain unchanged as it passes to your listed beneficiaries instead of being handled by the government.
When is the time to consider an estate plan?
There's no precise answer to this question, but you should have a will if you're 30 years above. It would be best if you prepared for the unexpected. You need an estate plan if you have a spouse, children, or significant assets such as an investments, house, retirement accounts, and other financial accounts.
What should I expect at our first appointment?
At our first appointment, we try to know you and your situation. We try to understand your concerns and offer solutions for you to consider. At the end of our session, you will have a clearer picture of your legal options to decide if you want to engage in our services.
How long will the estate planning process take?
The time required to create an estate plan varies. Here at Broaden Law, we'll provide you with the information and guidance you need to develop a plan that solves your challenges, meets your wish, and helps you reach your goals. Sometimes the plan is straightforward and can be executed fast. Other times careful consideration is needed. Either way, we are here to help you.
How often should I review my estate plan?
Thing changes as you grow. Therefore, we suggest reviewing your plan every three until you reach your 50s. After that, you should review your plan every five to ten years. In addition, significant life events like childbirth, marriage or divorce, or moving to another state can prompt an immediate review.
How much does an estate plan cost?
Our prices vary depending on the plan we are creating for you. We usually quote a flat fee for an estate plan, so you know exactly the cost of the work we will do for you. We create the plan exactly as you want without bothering about raising or additional legal bills. We quote our fees before you commit to our services.
Contact Our Estate Planning Law Office Chula Vista
The best way to get answers to all your questions is to speak with our estate planning attorney. Our experienced legal professionals have the required knowledge to be a reliable advisor to you. So contact us today at 619-567-6845 to schedule a consultation.