I currently limit my practice to non-tax-related estate planning and probate/estate administration.
Many clients want a “simple,” low-cost will; they don’t want to talk about “estate planning.” What they do not realize is that simple wills do not dispose of non-probate property, such as life insurance proceeds, IRA and 401(k) plan benefits and joint proper. Simple wills may not provide adequate protection for property passing to minor children, and they may not provide the desired disposition of assets when the anticipated beneficiary predeceases the person who makes the will.
When preparing a will, one needs to discuss in detail his or her family circumstances and assets with a lawyer who is experienced in advising and counseling. Preparing a will is no substitute for designing an estate plan.