The Best Attorney Isn't Always the Most Expensive One

Your parents don't need the highest-priced attorney to ensure their legal matters are handled well. Attorneys charge a range of fees for estate planning services. Some bill a flat rate, others invoice by the hour. But the best attorney isn't always the most expensive. There are many talented attorneys in smaller firms who tend to charge less than attorneys in larger firms or in urban areas. Most important is that your parents are comfortable working with the attorney.

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Definition of Estate Planning

The process of preparing for the administration and disposition of your parent's assets -- including investments, retirement savings, insurance policies, and real estate interests -- after he dies.

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4. Financial Planning