Estate Planning Lawyer Indianapolis, IN
An Estate planning lawyer in Indianapolis, IN from Dickmann Reason Bogigian & White has helped many people just like you who are unsure how to begin writing their estate planning documents. Despite the task appearing overwhelming, it can be made that much easier by having an estate planning lawyer to depend on for guidance. Here’s just a few tips to think about when beginning the first draft of your estate plan:
Choose Your Team Wisely
When it comes to planning for the future, you need experienced professionals who are acutely informed about estate planning legalities. In addition to your lawyer, it can help to have a tax professional, financial advisor, and close loved ones to talk to about concerns and questions. Keep in mind that while your friends and family may have good intentions, you should only seriously consider advice from an estate planning lawyer who is seasoned in this area of law.
Create a List of Assets and Debts
Many people begin estate planning by composing a complete list of their assets and debts, so their lawyer has a better idea of what their estate entails. To calculate your net worth, you will have to be exact in your assets, including vehicles, property, jewelry, art collections, and other items of value. From there, an Indianapolis, IN Estate planning lawyer can advise how to write your estate plan in such a way that it is for your best interest and protection.
Be Thoughtful About Beneficiaries
After writing your list of assets, you will then need to assign who will get what of your estate after your passing. Which loved ones would you want to have certain assets? And are there charity organizations you’d like to donate to from the estate? These are examples of questions your lawyer may ask you to get you thinking about who you want to have a piece of your legacy after passing on. Depending on the situation, you may even want to talk with beneficiaries about what your estate plan involves so they have an idea of what to expect in the future.
Call Dickmann Reason Bogigian & White
Estate planning can seem daunting, and it isn’t the funnest task to think about one’s mortality. However, to ensure your legacy is left behind in the way you would like, it is essential that you have a strong estate plan. Consider calling an Estate planning lawyer in Indianapolis, Indiana from Dickmann Reason Bogigian & White today for a consultation.