Marietta Estate Planning in the Comfort of Your Home

Ten Nosy Questions Estate Planners Have to Ask

As part of the estate planning process, I typically have to ask my clients questions that could be considered personal. This is not because I’m nosy, but because it’s information I need to know in order to correctly complete your estate plan in accordance with your wishes. Typically, I need to know what your financial picture looks like, your family relationships are like, and any plans you have for the future that may affect your estate plan. Here are ten things I (or another estate planner) may ask that may seem nosy, but will have a direct bearing on your documents:

  1. What is your financial picture like? What are your assets and liabilities, and will those change in future years?
  2. What is your relationship with your children like? Will they all inherit equally?
  3. Can your children or other beneficiaries be trusted with money?
  4. Do you plan to have more children?
  5. If you’re single, do you plan on getting married in the near future?
  6. If you’re currently separated or in a rocky marriage, do you plan on divorcing?
  7. Is there anyone with special needs named in your documents?
  8. Who do you trust to carry out your healthcare wishes or to handle your affairs in the event of your death or incapacitation?
  9. At what ages do you anticipate your children being able to handle money?
  10. Do you trust your spouse to carry out your wishes in the event you predecease your spouse?

During your meeting with myself or another estate planning attorney, it’s very important to be as completely honest as possible. I have had meetings in the past where I wasn’t given the whole story until later, and that can have an effect on your documents. Attorneys are legally bound to keep anything told to them confidential, so don’t worry about your life becoming the talk of the town.

If you need a last will and testament, power of attorney, or Georgia Advance Healthcare Directive, call Sarah White, Cobb county estate planning attorney, at 678-453-6490 today.