Five Things to Look for in an Estate Planning Consultant

There are many reasons to seek advice from a trusted estate planning consultant when you are preparing your will. Contrary to popular belief, wills, trusts, healthcare directives, powers of attorney, and guardianship documents are not just for wealthy people or the elderly. Even simpler or smaller estates can be managed far more efficiently — and with significantly less tax liability — with the help of an estate planning consultant. How do you choose one? Here are some things to look for:

  • Free consultation – Choose an estate planning consultant who can offer a complimentary initial meeting, during which your needs and goals are discussed. Do you already have wills, trusts, and other planning in place?  Some of the best consultants provide free, no-obligation reviews of your current documents to check if they are still in compliance with the ever-changing laws.
  • Expertise – A professional estate planning company is manned by highly experienced consultants who have backgrounds in accountancy, law, banking, and finance. They may have years of combined experience in the field of estate planning. They can offer the latest products to protect your assets and ensure that your wealth is passed on to your intended recipients safely and securely.
  • Personal service – A good estate planning consultant can tailor your strategy to your unique circumstances. You don’t even have to go to their office because they can visit you at home, at a time that is convenient for you.
  • Regular reviews – Look for an estate planning consultant who will sit down with you to review your plans on a regular basis - at least every five years  - or whenever family, personal, or financial circumstances change.Reasonable and clear pricing – Choose a firm that charges affordable and transparent fees. You deserve to get the best advice and services for the money you are paying, whether you are looking for help with simple estate planning or if you need comprehensive services for a complicated estate.

Talk to an estate planning consultant to understand your options. MVL Wills and Trusts can help you to plan ahead for what happens to your estate after you're gone. Call Andrew Mathias on 01424 577070 or email for a free consultation.