This is a great question and one which estate planning attorneys are not often asked. People often do not realize that a lawyer tasked with helping create an estate plan will have many questions. Hopefully, this blog post will help you and other residents of Detroit become well-prepared for the estate planning process by knowing what to expect.
As you might expect, many of the questions estate planning attorneys ask are pretty straightforward. Topic examples include your overall goals, information about your property and questions about your heirs. However, some of the questions may take you by complete surprise and make you feel a bit uncomfortable. Below are three of the unexpected questions you may have to address in your estate planning sessions.
Do you have an extra-marital relationship? Learning this information ahead of time can help your lawyer create a strategy to avoid will disputes. A good prevention strategy protects all of your heirs and beneficiaries from additional hardships.
What are your online account passwords, usernames, etc.? Providing your attorney with this information will enable your digital accounts to be preserved or deleted and your online financial accounts to be addressed upon your death.
Who will care for your children if both parents have died? For many, this is an especially difficult question. Even so, it is an important one because if no one is named, then the state will make the decision on behalf of your children. This means there is a chance your kids could go to complete strangers.
If you are about to embark on estate planning, be prepared to answer the tough questions your lawyer may ask. For many, it helps to remember that these questions are asked for your good and the good of your family.
Source: Forbes, “12 Estate Planning Questions That Might Make You Squirm,” accessed Nov. 08, 2016