A person’s estate is their total assets, which comprise their property, interests, and legal rights. An estate is also referred to as a person’s net worth. Particularly when they pass away, it’s critical for people to properly establish, manage, and preserve their estates.
A will, a trust, and a power of attorney are all things that an estate planning lawyer assists people with planning for. In this post, we describe the roles and responsibilities of estate lawyers, lay out the qualifications needed to practice this field, and provide a list of crucial competencies.
- Get A Bachelor’s Degree
A bachelor’s degree is a good place to start your study. To benefit you when you apply to law school, it’s critical to work toward a high GPA in school and develop strong bonds with your teachers. While there isn’t a set major for undergraduates to choose from, you could choose one of the following fields of study:
- Studying the law
- Build up relevant experience
Find ways to obtain relevant work experience while pursuing your degree. Investigate potential options for internships, mentoring, and other on-the-job experiences, with a focus on those that pertain to estate planning.
You might get valuable real-world experience and basic abilities that would help you advance in your career or gain admission to law school by doing this. When applying to law school or jobs, you could get the chance to network with professionals who can be helpful.
- Submit An Application To Law School
Throughout your undergraduate education, look into law schools, and aim to narrow your choices down to about five. It’s crucial to be ready for the application process because most students apply to law school in fall.
Take the LSAT as early as possible, think about writing your personal statement, and look for potential references before the application process starts.
- Enroll in law school
Attending law school and receiving a Juris Doctor are prerequisites for becoming an estate planning attorney.
Typically, it takes three years to complete law school, with general education classes making up the majority of the first year. However, the second and third years give you the opportunity to take more specialized courses in the area of law you desire to practice.
- Consider a certificate
Consider earning a certificate in estate planning. Many legal schools offer master’s of law (LLM) degrees in estate planning or other tax-related subjects. These programs normally involve an additional year or two of study.
- Understanding the Uniform Probate Code
It’s crucial to understand the Uniform Probate Code and the suitable trust for the state in which you practice law if you want to be a successful estate planning lawyer. Wills, trusts, and other estate-related legal documents are subject to restrictions and regulations under the Uniform Probate Code.
These laws regulate crucial elements of estate law and probates, such as how to set up trusts or the legitimacy of wills. The specific rules may differ by state.
Some estate law-related courses you might take include:
- Managing assets
- Planning an estate
- Family law
- Property law
- Taxation \sTrusts