Information You May Need to Provide to a West Palm Beach Estate Planning Attorney
Estate planning allows you to protect your financial assets and the well-being of your loved ones. The services of a West Palm Beach estate planning attorney include establishing a trust, drafting
documents for a living will, power of attorney or healthcare surrogate, and assisting with other aspects of estate administration. In order to devise the best legal solution for you, the West Palm Beach estate planning attorney needs to review information regarding your background, family history, and assets.
General Background Information
When you meet with your attorney, you will either be required to fill out a questionnaire or bring documents that provide your background and contact information. You will need to list your full legal name, phone numbers, current residence address, previous addresses, and occupation. The attorney also needs to know your birth date, where you were born, and citizenship status.
Family and Marital History
When you are exploring your estate planning options, it is important to disclose your marital history, family members, and any financial obligations. The attorney will ask about your marital status, date of marriage, date of divorce, name of current or former spouses, where you were married, where you were divorced, and other applicable information. You may have to reveal terms of an existing prenuptial agreement, post-nuptial agreement, or divorce settlement. The attorney will also want to know the names, birthdates, and addresses of children and grandchildren.
List of Assets
Providing information regarding all of your personal assets is an essential part of the estate planning process. Describe and state the value of real estate properties, vehicles, boats, jewelry, retirement funds, employee benefit plans, bank accounts, life insurance, business interests, anticipated inheritance, and pending lawsuits, rewards or settlements. When an attorney knows what you own, it helps him to implement a legal strategy that shields you from future problems that might arise and minimizes tax liabilities.
Schedule a Consultation with a West Palm Beach Estate Planning Lawyer
If you want to find out about asset protection or discuss other estate planning issues, contact West Palm Beach estate planning attorney Al Morici. Supporting the interests of you and your loved ones is a top priority. Call 561-471-2551 today to schedule a consultation.