How to choose the best estate planning attorney in Austin
Begin by looking for an attorney who is a specialist in estate planning in our listings. Narrow your choices down to a few potential estate planning attorneys in Austin and ask each one for references. If they do not give references, you do not want to work with them. Then ask about their specific experience with trusts and estates and make sure they understand your loved one’s unique estate planning situation.
Another important element when searching for an estate planning lawyer in Austin is cost. A simple will is relatively inexpensive, and the cost increases as the complexity of your loved one’s estate increases. When you have narrowed down your choices to two or three attorneys who have good references, have them meet with your loved one. Their relationship will be an ongoing one, so it’s important that in addition to the Austin estate planning attorney having the correct qualifications, the two of them also have a good working relationship.
Facts and trends in Austin estate planning
How many seniors in Austin are participating in estate planning?
Your loved one probably doesn’t want the local court to determine what happens to their property upon their demise, but that’s exactly what will happen if they don’t have a last will and testament. A recent IRS study indicates how many people have filed simple or complex trust documents in Texas.
Number of Returns Filed for Complex Trust | Number of Returns filed for Simple Trust |
---|---|
127,087 | 30,074 |
In a state with more than 3.7 million seniors aged 65+, that’s not a lot of people who are prepared for the future after they have passed. Allow Seasons to help you locate a quality estate planning attorney in Austin so the senior in your life can face the end of their life with confidence.
Do adult children in Austin have any worries about their parents’ estate?
In addition to not having their wishes met, not having a will or not discussing it with one’s children can cause a great deal of anxiety for the children. A poll by Brookdale Senior Living reveals that a high percentage of adult children worry about whether their parents have a will or what’s in it.
If your parents haven’t discussed this with you, it may be because they are trying to spare your feelings. It might be a good idea to gently bring up the topic and let your loved one know that you are there for them and are willing to help them find an estate planning attorney if they need one. They may be just waiting for you to bring it up.
What are the benefits of working with an estate planning law firm in Austin?
The number one benefit to your loved one is that their wishes will be respected upon their passing. They will get to choose where their property goes, whether it all goes to relatives, or whether they make targeted donations to charities and causes they care deeply about. They can also gain the peace of mind that comes from knowing there doesn’t need to be any disagreements among family members. In addition, having proper estate planning documents speeds up the probate process, so each recipient will receive their bequest sooner. There’s no need for your loved one to wait to organize their estate planning documents, as they can always contact their estate planning attorney in Austin and change the beneficiaries as desired.
Estate planning solutions for Austin seniors
Discussing an Austin estate planning attorney with your loved one can feel like a touchy conversation, but in the end, they will probably be grateful you have brought it up. Allow us to help you find a qualified local estate planning lawyer. Browse through our reviews today to get started.