Ray Hrdlicka – Host – Attorneys.Media What is the biggest mistake that parents make when they’re, you know, in regards to their kids when they’re setting up estate planning? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA I’m not sure that I know what would be the biggest mistake. I think […]
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Ray Hrdlicka – Host – Attorneys.Media You have mentioned several different instruments here that you can utilize in estate planning. Let’s talk about them for a second. Again, in my prep for this interview—let me read them and then talk about them. Last will and testament. Financial and healthcare power of attorney, living will, and
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Ray Hrdlicka – Host – Attorneys.Media That question—how do they get started with estate planning? What do they do? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Right, well, there are two aspects to that. The first part is you think of three particular questions: One, what do you have? Two,
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Ray Hrdlicka – Host – Attorneys.Media Let’s talk about the fee structure of estate planning. You know, in my research for this interview, I saw a number of things that said flat fee, hourly, and of course scheduled amounts as different options. You know, it’s like an a la carte. So, what is the norm?
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Ray Hrdlicka – Host – Attorneys.Media How do you choose an attorney that you know is going to do the best, to give you the best results, that is going to ask the right questions, that is going to be there when you have questions? Andrew Dósa – Estate Planning Attorney – Tacoma WA and
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Ray Hrdlicka – Host – Attorneys.Media You mentioned two things in there, a will and a trust. So let me ask this question. If somebody is thinking about estate planning and they say, “Wait a minute, I have a will. Do I really need a trust?” What would you say to them? Andrew Dósa –
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Ray Hrdlicka – Host – Attorneys.Media Well, you hit my next question. Is it better to inherit a house or put it to trust? And that’s what you’ve just described. Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Yeah, well, you can do both. If you inherit it, well, you can
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Ray Hrdlicka – Host – Attorneys.Media What type of documents do you want somebody to bring to you in their first meeting? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Sure. The thing that I will do is send out an estate planning questionnaire. And it will ask those three basic
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Ray Hrdlicka – Host – Attorneys.Media Who does, and then who doesn’t, need estate planning? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA Right. Well, the answer is probably everybody needs something, because we all have something. And if we have family and friends, or if we have children, we want
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Ray Hrdlicka – Host – Attorneys.Media Okay, well let’s talk about funding the trust. What does that mean? Andrew Dósa – Estate Planning Attorney – Tacoma WA and Oakland, CA All right, the point of a trust is to have all your assets there and not outside the trust. So, funding the trust simply means
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