Many people do not realize the sheer importance of estate planning. Some people mistakenly believe this is a service that is only needed for those with large estates. If a person owns any property at all, this is their estate. A failure to go through estate planning could result in the state dividing the property once the individual dies. With this information, individuals will discover what they can expect when they meet with the Estate Planning Lawyer in Bainbridge Island.
How to Prepare
There are a few steps individuals will need to take so they can properly prepare for their meeting with the Estate Planning Lawyer in Bainbridge Island. A failure to properly prepare could result in wasted time and little help from the attorney. Preparing the following documents will help to ensure the lawyer will have what they need to start the estate planning process and draw up the final will.
- Individuals will need to make sure they have written out the names and contact information of all of their beneficiaries and the names of any legal guardians they are naming for their minor children. It is wise to not only have the address and phone number, but also the social security number so these individuals can be found if they move.
- Tax documents are sometimes needed by the lawyer. The lawyer will also need information on all bank accounts, trusts, and retirement accounts the individual may hold. Each of these will need to be named with a beneficiary.
- The individual will need to make a list of all of their major property and how they want it divided among their heirs. Sometimes, individuals end up needing help accounting for all of their estate, especially if it is a large one.
Get Started Now
Estate planning is something most everyone needs to go through if they own property or have children. Proper preparation for the planning appointment will help to save time and avoid obstacles that would prevent the process from going smoothly. If you are in need of these services, contact the lawyer’s office today to schedule your consultation appointment.