Archive for the ‘Estate Planning’ tag
Financial Planning versus Estate Planning, which is the higher priority? 3 comments
Posted at 4:39 pm in Writing a Will
floresffx asked:
If you had an extra $1000 and all things being equal, which is more important at this moment, meeting with a financial planner or getting your estate planning documents in order (trust-we have one child, will, durable power of attorney and HCPA/AMD) for my wife and I? The idea being that on average a good fee-only financial planner or attorney to do either thing will cost $250-$300/hour (in the Washington DC area).
If you had an extra $1000 and all things being equal, which is more important at this moment, meeting with a financial planner or getting your estate planning documents in order (trust-we have one child, will, durable power of attorney and HCPA/AMD) for my wife and I? The idea being that on average a good fee-only financial planner or attorney to do either thing will cost $250-$300/hour (in the Washington DC area).
As far as financial background, we have life insurance, we contribute monthly to a 401K and Roth IRA and I have a defined benefit pension (yes they still exist). We are paying down debt, but I still feel that we could use a good financial review (not to sure about our allocations in the Roth and IRA’s). We DO NOT HAVE A WILL or other estate planning documents… and this is beginning to concern me… should it???
Any suggestions for finding a good family attorney in Northern Virginia will be very much welcome.
Thanks for you help.
FF
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Estate Planning no comments
Posted at 1:51 am in Writing a Will
JJChilders
www.secretmillionaire.com http Attorney and asset protection expert JJ Childers discusses Estate Planning. For more info visit wealthattorneyblog dot com.
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