How To Prepare For Your First Meeting With An Estate Planning Attorney In Mississippi

In this article, you will discover:

• Information you should be prepared to discuss with an estate planning attorney during your initial consultation.
• Questions you should be prepared to answer during your initial consultation with an estate planning attorney.
• What you should expect after your initial consultation with a Mississippi estate planning attorney.

What Documents Should I Gather Before Meeting With An Estate Planning Attorney?

For your first meeting, you don’t need to bring any documents. That first consultation is an opportunity to discuss your family health history, beneficiaries, income, and liability exposure.

For future meetings, relevant documents to bring include real estate deeds, titles for other assets (such as vehicles), and financial account information.

What Family And Financial Information Should Be Discussed During An Estate Planning Consultation?

The value of your estate is not necessarily the most significant factor in estate planning. It’s only relevant to whether you will owe estate taxes, and for estate taxes to come into play, you would need a net estate value of at least $15 million.

What Questions Should Clients Be Prepared To Answer During A First Estate Planning Meeting In Mississippi?

During your consultation, be prepared to answer the following questions:

• Is there a history of mental disorders in your family, such as Alzheimer’s or dementia?
• Do you intend for your family members to each receive an equal share of your estate?
• How do you want your assets divided, if not equally?
• Do you intend to disown any child or children?
• What type of assets do you have?
• What type of risk are you exposed to in generating income?

How Does Honest Communication Help Attorneys Create A Personalized Estate Plan?

Your estate plan is only as comprehensive and complete as the information provided to your attorney. You should be completely honest and forthcoming with your attorney regarding your assets, debts, liabilities, wishes and intentions.

What Should Families Expect After An Initial Consultation With An Estate Planning Attorney?

After your initial consultation, your estate attorney should provide you with a written plan that addresses your unique estate planning needs, specifies which estate planning documents are recommended, and outlines the costs associated with preparing them.

Still Have Questions? Ready To Get Started?

For more information on hiring an estate planning attorney in Mississippi, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (228) 467-3400 today.