How many seniors in Greenville and the state as a whole are participating in estate planning?
Individuals who do not have a last will and testament will usually have their decisions made for them by their local court and the state. Chances are this is not what your loved one envisioned. According to the IRS, creating both complex and simple trusts are common practices for individuals living in North Carolina.
Of course, one person without a will, trust, or other directives for their life is one person too many. That’s why finding a qualified Greenville estate planning attorney is a necessity. Having help from a professional who understands estate planning can help them spell out their final wishes and how they would like to be taken care of at the end of their life.
What is the average price of making a will or trust in Greenville?
Making a will and testament does not have a one-size-fits-all price tag. Many people mistakenly think that paying for a will is only for the wealthy, but that is not the case. In fact, when your older loved one works with an estate planning lawyer in Greenville, there might be instances where some portions of the estate planning will not focus on money at all. Some information that can make it easier to understand the cost of a will includes these facts, according to Investopedia.
- Do-it-yourself templates and drafting can cost as little as $10
- While do-it-yourself will kits may save you time and money, writing your will with a lawyer ensures it will be error-free.
- The minimum cost of drawing up a will with a lawyer ranges from $100 to $400 dollars per hour.
As you can see, the price will vary depending upon the needs of your senior. You might find it helpful to talk with your elderly loved one and find out what needs they have or if they already have any end-of-life planning in place, like a power of attorney. This can help you determine what they will discuss when meeting with an estate planning attorney in Greenville.
How to choose the best estate planning attorney in Greenville
Finding a Greenville estate planning attorney does not have to be difficult if you know what qualities to look for and the needs of your senior. You can start by making a list of lawyers for your older loved one to meet with. After narrowing the choices down, eliminate anyone who cannot or will not provide references.
You should also consider what fees the attorney will charge and make sure this is in line with your elderly loved one’s budget. Keep in mind that the cost will increase depending on the complexity of the documents being drawn up. If you would like more information, make sure to check out our comprehensive guide to choosing an estate planning attorney.
Estate planning solutions for Greenville seniors
It is difficult to know when life will be changed for your senior loved one. The best thing they can do for themselves and their family is to ensure they have the help of a Greenville estate planning attorney to tie up any loose ends and protect their best interests. If you live in Greenville, New Bern, Washington, Jacksonville, or Morehead City, check out our listings today to get started.