Things to Bring to Your First Meeting with Your Estate Planning Attorney

There is so much to consider when planning for the future of your estate. In the beginning, it may feel a little overwhelming. Schedule a meeting with the great team of estate attorneys at Davidson Law Group, and we will help you be certain that your goals for your estate are clear and precise.

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Things to Bring

Information About Your Family Members – Bring contact information for your family members and other loved ones, including name, nickname, age, mailing address, phone number, and their relationship to you. Consider how you would like to allocate your inheritance among loved ones.

Information About Your Real Estate Assets – Bring information regarding your real estate assets, including, property addresses, market value, outstanding mortgage balance, and ownership details (sole owner, co-owner, etc). This information will be needed for your primary residence, rental properties, vacation homes, business real estate property, and investment real estate property.

Financial Information Regarding your Non-Retirement Assets – Information will be needed regarding bank accounts, investment accounts, stocks, bonds, US Treasury Notes, and other financial assets that are not intended for retirement. It is very helpful to bring recent account statements for each asset, as well as information regarding the titling of each asset (sole owner, co-owner, etc).

Financial Information Regarding your Retirement Assets – Information will be needed regarding your retirement savings accounts, including 401(k) accounts, 403(b) accounts, 457 accounts, IRA accounts, Roth accounts, TSP accounts, any pensions you may receive, and inheritance accounts in which you are the beneficiary. It is helpful to bring a recent account statement for each asset, as well as information detailing the institution or employer where the account is held, and beneficiary information about each account.

Financial Information Regarding Liabilities – Information will be needed regarding any liabilities you may have, including significant debts, alimony obligations, or settlement obligations. This information will be useful when determining what sort of estate structure will best protect your assets and your interests.

Information About Inheritance – You may be a named beneficiary in the will of a spouse or other family members in your life. If you are a beneficiary of the will of a loved one, your estate attorney will ensure that your inheritance is properly collected and secured as an asset in your estate.

Information About Life Insurance – Information will be needed regarding your life insurance policy, including ownership, the company providing the policy, beneficiary information, and what type of life insurance policy you have (term life insurance, whole life insurance, group insurance, etc).

Information About Tangible Assets – Bring information about your valuable personal property, including antiques, automobiles, art, collectibles, jewelry, and other heirlooms that are valuable to you and your family. Consider how you would like to distribute these assets among beneficiaries as part of your estate.

Information about Business Interests – If you are a business owner or you have other business interests, bring information regarding the ownership of the business, the location and assets of the business, and the structure of the business (sole proprietorship, family business, limited liability corporation, etc).

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Things to Think About Before Your Estate Attorney Meeting:

Here are some common questions to ask yourself before meeting with your estate attorney:

  • Who would you choose to serve as executor of your will?
  • Who would you choose to serve as an alternate executor of your will, if your primary executor is unable to fulfill the responsibility?
  • Who would you like to be named as the beneficiaries of your estate?
  • Are there any persons you wish to specify who should not receive assets from your estate?
  • Are there any charitable groups you would like to name as beneficiaries of your estate?
  • Would you like to assign any powers of attorney, specifically regarding health decisions?
  • Would you like to assign any powers of attorney, specifically regarding financial decisions?
  • Would you like to leave instructions for funeral arrangements?

Estate Planning is Complicated, but the Davidson Law Group Can Help

At the Davidson Law Group, our estate attorneys will help you to feel comfortable and confident about the process of planning your estate. We will spend time with you to help you consider your personal goals for your estate, and we will help you make a comprehensive plan that will get you there. Contact us in Fort Worth, Allen, or Tyler to find out how we can help.