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Top Albuquerque, NM Estate Planning Lawyers Near You

Estate Planning Lawyers | Albuquerque Office

320 Gold Ave. SW, Suite 1111, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

201 Third Street N.W., Suite 1800, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

4801 Lang NE, Suite 110, Albuquerque, NM 87109

Estate Planning Lawyers | Albuquerque Office

6565 Americas Parkway NE, Suite 200, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

500 Marquette Avenue NW, Suite 1286, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

5600 Eubank Blvd. NE, Suite 220, Albuquerque, NM 87110

Estate Planning Lawyers | Bernalillo Office | Serving Albuquerque, NM

1171 Montoya Rd, Bernalillo, NM 87004

Estate Planning Lawyers | Albuquerque Office

1825 San Mateo NE, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

320 Gold Ave, SW, Suite 1401, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

320 Osuna Rd NE, Unit G4 Box 15, Albuquerque, NM 87107

Estate Planning Lawyers | Albuquerque Office

6121 Indian School Rd NE, Suite 206, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

201 3rd St NW, Suite 500, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

8208 Louisiana Blvd NE, Suite C, Albuquerque, NM 87113

Estate Planning Lawyers | Albuquerque Office

201 Third Street NW, Suite 1200, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

201 Third Street NW, Ste. 1200, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

2424 Louisiana Blvd NE, Suite 200, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

1825 San Mateo NE, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

4900 Lang Avenue NE, Suite 202, Albuquerque, NM 87109

Estate Planning Lawyers | Albuquerque Office

1212 Pennsylvania Street NE, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

3500 Comanche Road NE, Building D, Albuquerque, NM 87107

Estate Planning Lawyers | Albuquerque Office

6100 Uptown Boulevard NE, Suite 400, Albuquerque, NM 87110

Estate Planning Lawyers | Albuquerque Office

4830 Juan Tabo Blvd NE, Suite F, Albuquerque, NM 87111

Estate Planning Lawyers | Albuquerque Office

500 4th Street NW, Suite 1000, Albuquerque, NM 87102

Estate Planning Lawyers | Albuquerque Office

500 Marquette Ave NW, Suite 1100, Albuquerque, NM 87125

Albuquerque Estate Planning Information

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Lead Counsel Verified Attorneys In Albuquerque

Lead Counsel independently verifies Estate Planning attorneys in Albuquerque and checks their standing with New Mexico bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find an Estate Planning Attorney near Albuquerque

Visit our free Estate Planning Resource Center.

Estate Planning For the Future

Estate planning uses legal documents to make decisions about what will happen to your property and assets after death. Planning for the future can also involve designating certain representatives who can make financial decisions if you are incapacitated or unable to communicate. Without an estate plan, any real estate, bank accounts, and personal property will be distributed according to state law, even if it would have been against your wishes.

What Are Estate Planning Tools?

There are many estate planning tools that can offer different benefits for how to plan for the future while allowing you to use your assets in the present. Some common estate planning documents include:
  • Will
  • Living trust or revocable trust
  • Irrevocable trust
  • Special needs trust
  • Living will or advance healthcare directive
  • Power of attorney

Wills and Trusts

A will is the most common estate planning too. A will is simple to make and can be updated or changed. After you pass away, the court will go through the process of estate administration with your will in probate court, to pay off any liabilities and distribute your assets to your beneficiaries. Trusts can allow you to avoid probate court altogether by naming trustees to distribute your estate assets to your beneficiaries. Some trusts can also provide asset protection and offer proper estate planning benefits for your loved ones.

Living Wills and Healthcare Directives

A living will can allow you to make healthcare decisions while you are still alive if you are no longer able to communicate your wishes. Also known as an advance healthcare directive, if you become seriously ill or incapacitated, your living will can make specific provisions about your own medical treatment, including what type of procedures you do not want to receive. You can also use a durable power of attorney to designate a health care proxy to make long-term care healthcare decisions on your behalf. A New Mexico elder law attorney or estate attorney can give you more information about living wills.

How Much Does Estate Planning Cost in Albuquerque?

The cost of estate planning can depend on your individual circumstances. Some estate planning attorneys in Albuquerque will prepare documents like a will or power of attorney for a flat fee. Other legal services may be offered based on the attorney’s hourly fees. The costs of legal services can depend on the type of estate plan, amount of assets, and an attorney’s years of experience. In some cases, the lawyer can provide a free consultation to help you decide which estate planning law firm is right for you.

Do I Need an Estate Planning Lawyer?

New Mexico estate planning law and individual legal issues are unique. Getting help from an estate planning law firm can help, especially if you own substantial assets and want to plan for your family’s future. An estate lawyer can give you legal advice and guide you toward the best options to minimize your estate taxes, provide the most for your future beneficiaries, and give you peace of mind.

When Should I Start Estate Planning?

Many people put off making an estate plan because they don’t think they need to. It is never too early to make plans for what might happen if you become incapacitated or pass away. If you get married, have a child, or begin to accumulate significant assets, it is time to think about making plans to provide for your loved ones. An Albuquerque estate planning law office can provide an initial consultation to help you make a decision for your estate planning needs.

What estate planning documents do you need?

Every estate plan should include a last will and testament or establish a trust. This will allow you to state how you wish to distribute your assets to beneficiaries upon your death. A power of attorney declaration will name someone you trust to handle your health care and/or financial decisions if you are ever unable to. An advanced directive (also known as a living will) will state your wishes for any care you want to receive if you are unable to make those decisions at the time. This is useful when it comes to end-of-life care or if you ever need life-saving care because of an accident or illness.

When to Hire a Lawyer

It is in your best interest to get legal help early on in addressing your situation. There are times when hiring a lawyer quickly is critical to your case, such as if you are charged with a crime. It may also be in your best interest to have a lawyer review the fine print before signing legal documents. A lawyer can also help you get the compensation you deserve if you’ve suffered a serious injury. For issues where money or property is at stake, having a lawyer guide you through the complexities of the legal system can save you time, hassle, and possibly a lot of grief in the long run.

Top Questions to Ask a Lawyer

  • What is the usual process to resolve my case? How long will it take to resolve this?
  • What are likely outcomes of a case like mine? What should I expect?

An experienced lawyer should be able to communicate a basic “road map” on how to proceed. The lawyer should be able to walk you through the anticipated process, key considerations, and potential pitfalls to avoid. Once you’ve laid out the facts of your situation to the lawyer, he/she should be able to frame expectations and likely scenarios to help you understand your legal issue.

How will an attorney charge me?

A reputable attorney will be very upfront about how he/she will charge you. The three most common fee structures that attorneys use to charge for their services are:

  • Bill by the hour
  • Contingent fee agreement
  • Flat fee agreement

Depending on your specific legal situation, it’s possible that only one type of fee structure is available. For instance, criminal defense attorneys almost always bill by the hour. In a flat fee arrangement, an attorney accepts a one-time payment to help you resolve your issue. With a contingent fee agreement, the client pays little to nothing upfront and the attorney receives a percentage of the money recovered if you win your case.

Common legal terms explained

Affidavit – A sworn written statement made under oath. An affidavit is meant to be a supporting document to the court assisting in the verification of certain facts. An affidavit may or may not require notarization.

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