Is Estate Planning the Right Practice Area for You?

Take the quiz to find out whether you're suited for this practice area.

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* 1. I like to solve problems.
Intellectually challenging, estate planning involves understanding complex tax, financial, and real estate issues, and the interaction of various, sometimes contradictory areas of the law.

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* 2. I am resourceful.
You'll need to be able to admit when you don't know something, refer out when you need to, and/or get the right answer from financial planners, accountants, business attorneys, family law attorneys, and other experts.

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* 3. I'm on top of things—good at meeting deadlines and at keeping current in my field.
Probate court and estate administration require that you meet deadlines, but you'll also need to keep on top of quickly changing laws—especially tax law.

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* 4. I like writing, drafting, and getting into the weeds.
You'll be drafting documents, transferring assets, funding trusts, etc.—and these documents need to be correct.

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* 5. I like working with people; I have a high level of emotional intelligence.
You will need to gather intimate family and financial information from clients, and they'll need to trust you. Are you interested in how money and emotions interact? Are you also compassionate? If you can answer “yes” to both, this is definitely the practice area for you.

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* 6. I want my work to make a difference.
You will have the privilege of helping clients make tough decisions about the future of their families and their businesses. You will form long-term connections; most of your clients will stay your clients for their entire adult lives.

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