1. Consultation: The first step is to consult with an experienced estate planning attorney. During this consultation, you will discuss your assets, your wishes for their distribution, and any specific concerns you have about how your estate will be managed after your death.
2. Agree the product: Based on your consultation, the attorney will recommend the best approach for your specific needs. This may include creating a simple will or establishing a more complex trust.
3. Process the payment: Once you have agreed to work with the attorney, you will need to process the payment for their services. The attorney will typically require a retainer fee upfront to begin work on your behalf.
4. Fact finding about wishes: The attorney will gather information about your wishes, including who you would like to inherit your assets and how you would like your assets to be distributed. They will also ask about any specific requests you may have, such as the appointment of guardians for your minor children.
5. Reconfirming the instruction: After the attorney has gathered information about your wishes, they will review this information with you to ensure that they have a clear understanding of your intentions. They will also answer any questions you may have about the process.
6. Will draft: Based on the information you have provided; the attorney will draft your will or trust document. This document
will outline your wishes for the distribution of your assets and the management of your estate after your death.
7. Will witnessing: Once the will or trust document is drafted, you will need to sign it in the presence of witnesses. The witnesses must be adults who are not beneficiaries of the will or trust.
8. Storage: Finally, the attorney will store the original copy of your will or trust document in a secure location. They will also provide you with a copy for your records.