Do you have questions about creating a trust, completing trust administration duties after a loved one dies, how to protect your assets from nursing home costs, or anything else along these lines? Are you wondering where you can turn for high quality information and guidance?
While some people search online for advice, others have come to find that consulting with a trust lawyer is the best decision they can make.
Once you setup a consultation with a trust lawyer, it’s time to turn your attention to the meeting itself. This means one thing: preparing yourself for success.
Here are some of the many steps you can take to make the most of your consultation with a trust lawyer:
1. Know What You Want
You should go into your meeting with an idea of what you are trying to accomplish.
Maybe you need to learn more about the many types of trust. For example, there are people who want to create an irrevocable trust, as well as those who are more interested in a special needs trust. Each and every type is unique, so you should discuss anything that could work in your favor.
You don’t need to know exactly what you want, but having an idea of what you are trying to accomplish will definitely put you on the right track.
2. Ask Questions
When you consult with the right trust lawyer, you will always feel comfortable asking questions. Some of the most important questions include:
- Can you explain the benefits of a trust, as opposed to a will?
- What is the process of creating a trust?
- What do you need from me to start the process?
- Is it true that it costs more to create a trust than a will?
These are far from the only questions you can ask a trust lawyer, but they are definitely among the most important.
Tip: as the conversation moves forward, additional questions will come to mind. Don’t hesitate to ask about anything that’s on your mind.
3. Ask for Professional Guidance
Even if you have done your homework, you’re meeting with a trust lawyer for a reason: because this person has the experience and knowledge necessary to point you in the right direction.
You want your trust lawyer to review your situation, ask you key questions, and provide a plan that will put you in a better place.
It’s okay to know what you want, but you should always be open to the advice provided by your legal team.
What About Trust Administration?
Many people meet with an attorney because they want to create a trust. However, there are just as many who need to consult with a professional to discuss trust administration.
Here’s an excerpt from our website:
“Upon the death of a loved one, great emotional sadness sets in as family and friends support each other during this time of loss. After finding a firm emotional foundation, it is time to address the task of administering the estate set up by the deceased.”
There are many steps to take, ranging from reviewing the terms of the trust to notifying any life insurance companies to setting up an accounting system.
There is more to trust administration than meets the eye. You should never assume that this will be a simple process, as there are sure to be challenges that come up along the way. This is why it makes good sense to consult with a trust attorney.
Any time you setup a consultation with a trust lawyer, you should be ready to make the most of your time together.
As long as you keep an open mind and have an idea of what you want to accomplish, everything should work out in the long run.
Even though you may not have much experience or knowledge, you can lean on your attorney to ensure that you are always on the right path.
If you are ready to consult with a trust lawyer, you have come to the right place. All you have to do is contact our law firm online or via phone at 586-493-7661. Once you take this first step, you can be rest assured that we will step in and provide you with all the help you need. It’s our goal to put your mind at ease!