FAQ: Jesson & Rains Law

FAQ

Jesson & Rains Law

How do I know if an estate planning attorney is the right path for me?

It is important to plan for the future, regardless of the size of your estate. Without the necessary plans in place, you risk your assets, your property and your wishes being determined by the default state laws and process. If you have any assets whatsoever, such as life insurance policies, real estate, checking/saving accounts, investments, collection items, etc and want to ensure that they are distributed to specific individuals, then working with an estate planning attorney is what you need. The same can be said for any directives about healthcare decisions that need to be made on your behalf in the event that you become incapacitated.

If you ever decide to re-marry, take the step to proactively meet with an estate attorney so that you can create a plan to ensure that your children’s interest in your estate are protected.

In what step of the divorce process is best for me to meet with an estate planning attorney and why?

It depends on what your needs are. Depending on the size of your estate, you may want to ensure that you’re considering the best ways to make sure your children’s inheritance interest is outlined and may want to establish a trust for them. In which you may want to meet with an estate planning attorney before or during the negotiations of your separation agreement.

If you’re looking to establish or update a will, now that you are divorced and want to ensure your policies and directives are legally drafted, then meeting after your agreement is in place is appropriate so that it can incorporate any terms that were agreed upon within the divorce decree.

Whether I'm a breadwinner or a stay-at-home mom, what value will I get out of working with you?

You will get peace of mind - you will know exactly who will handle things for you if you become incapacitated or pass away, you will have taken steps to make their job easier, which they will appreciate, and you will know exactly who will inherit (and how) if you pass away.

How do I afford this if I am a stay-at-home mom or don't have access to the finances?

We offer flat fee packages for drafting and executing estate planning documents, such as wills, trusts, power of attorneys, and advanced health care directives. If you need to establish a trust, we can break the payment into two parts. This could be negotiated as part of the separation agreement.

www.PeaceofMindDivorce.info

DISCLAIMER: The information provided is for educational purposes only and does not act as legal, financial or psychological advice. While the insights may have wide applicability, readers should consult with an attorney, CPA, financial advisor, therapist or coach in your state to obtain advice with respect to your particular issue and/or case.