A new client contacts you to see if you can prepare their will or trust. What do you do next? Schedule an appointment to meet with them? What information do you ask them to bring to their appointment, if any? After meeting with them, and it is time to prepare their documents, do […]
Category: Estate Planning
The Attorneys Complete Estate Planning Checklist
Estate planning is often avoided because clients don’t want to address the fact that they might someday need it. It seems scary or sad or overwhelming to think about their affairs when they are not living anymore. Too many Americans avoid taking care of this important part of their lives. The part that takes care […]
Here Are 10 Estate Planning Questions You Should Always Ask Your Client.
More than half of Americans are missing vital estate planning documents. If you aren’t having your clients answer a comprehensive questionnaire of estate planning questions, then you might be part of the problem. The best thing you can do for your clients and your firm is to streamline and standardize the process. To do this, […]
Here’s What Happens To The Estate Of People Who Died Without A Will
Imagine if you not only lost a friend, but you lost access to an account with $190 million in it. We didn’t make that up. That’s a news item this week (at the time of this writing). A Canadian Bit-coin investor suddenly died without a will, and without letting anyone know his investment account password. […]
It’s Time To Update From The Legal Pad. Here Are 5 Ways Lawyers Can Implement New Law Office Technology.
Where most businesses spend a few hundred dollars a year on equipment for employees, law firms tend to average more than $1,000 a year per employee. When this is the case, law firms need to be prepared to spend their money wisely in terms of law office technology. With so many options, it’s hard to […]
Wondering What Is A Trust? Here Are 7 Reasons A Trust Is Better Than A Will For Planning Your Estate.
As a lawyer, you probably get a lot of questions about estate planning, especially if you work with a lot of older clients. You probably have people asking you questions like, “What is a trust?” or “Which is better, a trust or a will?” on a regular basis. Do you have clear answers to these […]
5 Things You Should Know Before Using Estate Planning Software for Attorneys
While retirees are leaving less to their heirs than they might have a generation ago, there are many more people leaving property than ever. That means that estate planning attorneys are seeing more people through the door than in the past. But if they’re not ready to handle the work, they might end up getting […]
DIY No-Go: Why You Should Deter Your Clients from Using Estate Planning Software
We all know how important it is to have a will, and yet 44% of Americans still don’t have one. There are a lot of websites out there trying to change these statistics by offering a DIY option. Unfortunately, most people don’t know that going the DIY route isn’t any better and can be worse […]
How Trust Software for Attorneys Can Benefit Your Customers
If you ask around, you’ll find that most millennials think they’re going to get an inheritance even though very few will. A lot of that comes down to communication between the estate holder and the attorneys they work with. When you use trust software for attorneys, both estate holders and heirs have a clearer understanding […]
Will vs Trust: How to Decide Which One Is Best for Your Client
It is crucial for your client to establish asset control of their estate in the event of their death. Propper estate management involves specifying the way in which your clients’ estate is distributed and allocated. A will or living trust ensures that your client has the final say in where their assets end up after […]
