What if YOUR Lawyer Dies, Retires or Stops Practicing Law-_1379

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This is what you want to look for as well.
Alexis Martin Neely is America's Personal Family Lawyer,You are not allowed to view links. Register or Login, author of the bestselling book "Wear Clean Underwear! A Fast, Fun,You are not allowed to view links. Register or Login, Friendly - and Essential - Guide to Legal Planning for Busy Parents" and the nation's leading legal expert guiding you to more wealth, health and happiness by making smart financial and legal decisions for your family.  Subscribe to Alexis' free online magazine Family Wealth Secrets at You are not allowed to view links. Register or Login and find the financial freedom you deserve.
And, if they move out of State, there are Personal Family Lawyers all over the country standing by ready to ease the transition.
The clients who had worked with me over the past five years of my law firm practice are able to now choose from one of ten Personal Family Lawyers in the Southern California area who are ready to step in and take over their planning.
Plus, your Personal Family Lawyer has a membership program in place so your plan can be reviewed regularly, you can make ongoing changes without paying hourly fees and you can contact your own lawyer before making any sort of financial or legal decisions for your family.
If you are working with a Personal Family Lawyer, you have the peace of mind of knowing that if anything happens to your lawyer (or if you move to another State), your planning will transition easily to any one of the other lawyers in the Personal Family Lawyer network without a need to pay new planning fees.
And, ask whether he or she will proactively communicate with you on an ongoing basis or if it's up to you to initiate all conversation about changes in your life, the law or your assets. If you've already begun working with a lawyer, call him or her up now and ask these questions. Look for a ready answer that includes a plan whereby you won't have to begin your planning again from scratch, in which your plan is regularly reviewed and your lawyer has a membership program you can join so that you can make changes to your plan on an ongoing basis without paying hourly fees.
Ask him or her whether you'll have to pay hourly fees to make changes or ask quick questions.
While you're asking questions,You are not allowed to view links. Register or Login, you should also ask your lawyer how he or she will make sure your planning is kept up to date throughout your lifetime.
You wouldn't believe how many lawyers don't have their own estate plans!
Unfortunately, most lawyers do not have their own succession plans in place. You've heard about the cobblers kids having no shoes, right? Well, it's the same with lawyers.
3. You are creating a plan for me, but do you have your own succession plan in place?
2. Will I have to begin my planning again with a new lawyer from scratch?
1. What happens to my plan if you die, retire or go out of business?
If you haven't begun your planning yet, you can ask your prospective lawyer the following questions:
So, what can you do to make sure this doesn't happen?
That can be ugly.
Beginning again means a whole new planning session, a whole new set of documents and a whole new planning fee.
So, that means you have to begin again.
Because it means your new lawyer would be taking the risk that your prior lawyer made mistakes that he or she didn't catch. That's too big of a liability risk for your new lawyer to take on.
Why?
Yes, that's true. Almost no lawyers will take over the planning that has been completed by another lawyer and pick up where you left off with that lawyer.
This can mean incurring thousands of dollars in planning fees all over again!
Generally,You are not allowed to view links. Register or Login, it means you will find a new lawyer and he or she will have to create a whole new plan for you.
In the typical scenario, if you've done estate planning with a lawyer and he or she dies, retires or goes out of business, it means you need to start your planning over with a new lawyer. What does that mean to you?
So, this week's article clues you in on what you need to know.
My recent announcement that I would be closing my law firm raised a lot of questions for people who hadn't thought about what would happen if their lawyer died, retired or stop practicing law.
What if YOUR Lawyer Dies, Retires or Stops Practicing Law?