Expertise.com

Best Estate Planning Attorneys in Albuquerque

Laurels
Laurels

We did the research for you!

Learn more
  • checkboxLicensing
  • checkboxUser Reviews
  • checkboxMystery Shopping Calls

Estate Planning Attorneys FAQs

Learn more
Albuquerque Legal & Fiduciary logo
Visit WebsiteWebsite

Albuquerque Legal & Fiduciary

Albuquerque, NM 87110
Visit WebsiteWebsite

Business Description

Albuquerque Legal & Fiduciary is a law firm that is located in Albuquerque, New Mexico and is led by Bruce J. Puma Jr., an attorney, CPA, fiduciary, and trustee. Their services include estate planning, wills, trust, power of attorney, guardianship, and more Albuquerque Legal & Fiduciary aims to be transparent with their clients and has no hidden costs.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.2 / 5 (29)
Yelp
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Atkinson & Co. logo
Visit WebsiteWebsite

Atkinson & Co.

Albuquerque, NM 87110
Visit WebsiteWebsite

Business Description

Atkinson & Co., a certified public accounting firm in Albuquerque, New Mexico offers audit and other assurance services, tax, small business resources, and specialty services. Their estate and gift planning services include advice on estate and gifting strategies, preparation of estate tax returns, preparation of gift tax returns, preparation of income tax returns for estates and trusts, and more. The firm is a proud winner of the 2016 Best Places to Work award by the Albuquerque Business First.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.2
Google
4.2 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Brown Legal Group, PC logo
Visit WebsiteWebsite

Brown Legal Group, PC

Albuquerque, NM 87102
Visit WebsiteWebsite

Business Description

Brown Legal Group, PC is a law firm that serves the people of Albuquerque, New Mexico. A state planning consulting company, some of their services include trusts and estates, wills and estate planning, probate and trust administration, real estate, small business, and new markets tax credits. Attorney and owner of Brown Legal Group, PC, Thomas E. Brown III has been practicing law since 1986. The firm has earned an “AV” rating from Martindale-Hubbell.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (6)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Dubois Cooksey and Bischoff logo
Visit WebsiteWebsite

Dubois Cooksey and Bischoff

Albuquerque, NM 87102
Visit WebsiteWebsite

Business Description

Dubois Cooksey and Bischoff is a law firm located in Albuquerque, New Mexico that serves the counties of Bernalillo, Sandoval, and Valencia. Their practice areas include wills, trusts, and estate planning, probate, real estate, commercial litigation, business law, and personal injury. Dubois Cooksey and Bischoff offers a free initial consultation and Bischoff provides quality service at affordable prices.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
3.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Finlayson Law Firm, P.C. logo
Visit WebsiteWebsite

Finlayson Law Firm, P.C.

Albuquerque, NM 87111
Visit WebsiteWebsite

Business Description

Finlayson Law Firm, P.C. is an Albuquerque, New Mexico-based firm that offers services like estate planning, wills and trusts, trust administration, asset protection, and private foundation services. With the combined experience of their attorneys, the firm strives to meet the unique needs of their valued clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
4.8 / 5 (5)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Hurley, Toevs, Styles, Hamblin & Panter, PA logo
Visit WebsiteWebsite

Hurley, Toevs, Styles, Hamblin & Panter, PA

Albuquerque, NM 87109
Visit WebsiteWebsite

Business Description

Hurley, Toevs, Styles, Hamblin & Panter, PA is an Albuquerque, New Mexico-based law firm. Some of their areas of practice include commercial real estate, estate planning, estate and trust administration, probate, employee benefits and ERISA tax law, trust and estate disputes, and more. The attorneys Hurley, Toevs, Styles, Hamblin & Panter, PA have over 220 years of combined experience.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (3)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Law Office of Robert D. Gorman, P.A. logo
Visit WebsiteWebsite

Law Office of Robert D. Gorman, P.A.

Albuquerque, NM 87102
Visit WebsiteWebsite

Business Description

Law Office of Robert D. Gorman, P.A. is a law firm that offers help with taxation, estate planning and probate, real estate, corporations, limited liability companies, partnerships and proprietorships, general business matters, and more. Based out of Albuquerque, New Mexico, Robert D. Gorman, P.A was awarded Business Lawyer of the Year by the Business Law Section of the New Mexico State Bar Association in 2011.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
Life Leaf Legal Group, PC logo
Visit WebsiteWebsite

Life Leaf Legal Group, PC

Albuquerque, NM 87109
Visit WebsiteWebsite

Business Description

Life Leaf Legal Group, PC, an estate planning firm in Albuquerque, New Mexico, offers a standard estate planning package which includes wills, advanced health care directives, and power of attorney. They also offer trusts, living wills, wealth planning, estate administration, protective proceedings, business succession planning, and more. They focus on the individuals’ needs and they tailor their estate plans to protect their clients’ families as well as their assets and properties.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Facebook
4.1 / 5 (12)
Google
3.7 / 5 (3)
Avvo
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.0
Responsiveness
Friendliness
Helpfulness
Detail
––
McKinney & Associates, CPAs, LLC logo
Visit WebsiteWebsite

McKinney & Associates, CPAs, LLC

Albuquerque, NM 87120
Visit WebsiteWebsite

Business Description

McKinney & Associates, CPAs, LLC is certified public accounting firm based out of Albuquerque, New Mexico. Established in 2002, the firm is focused on serving businesses. Some of their offerings include bookkeeping, taxes and estates, and assurance and advisory. McKinney & Associates, CPAs, LLC offers a free initial consultation for any prospective clients.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (8)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
The S.S. Davis Law Firm, P.C. logo
Visit WebsiteWebsite

The S.S. Davis Law Firm, P.C.

Albuquerque, NM 87110
Visit WebsiteWebsite

Business Description

The S.S. Davis Law Firm, P.C. has been serving the people of Albuquerque, New Mexico for over 35 years. Their areas of practice include estate planning, wills, trusts and trust administration, probate law, business planning, and elder law and guardianship. Their areas of estate planning services include last will and testaments, living trusts, legacy trusts, asset protection trusts, tax planned living trusts, special needs trusts, and more.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
Back to Providers

Frequently Asked Questions

What does an estate planning attorney do?

An estate consists of the total assets that form an individual’s net worth, no matter how large or small. Estate planning attorneys use their in-depth knowledge of state and federal laws to help people best manage what will happen with their estates after they die or become incapacitated. Estate planning attorneys can prepare wills, form trusts, reduce estate tax burdens, and decrease or eliminate the need for probate court.

What are valuable estate planning services an attorney can provide?

With the many intricacies of assets, taxes, and state and federal laws that can affect a person’s estate, an estate planning lawyer can be a valuable professional asset, no matter how large or small a person’s estate may be. An estate planning attorney can:

  • Create a comprehensive plan to protect a client's legacy, that includes a will, power of attorney, trusts, life insurance, and advanced medical directives
  • Optimize an estate plan as tax laws, life events, assets, and goals change over time
  • Protect a client’s loved ones by preventing assets from entering probate
  • Help clients designate a person to make important health decisions for them if they become incapacitated

Can estate planning attorneys help create trusts/wills?

Estate planning attorneys can create trusts and wills. Through a will, an attorney can help a client designate their estate’s beneficiaries and assign an executor to represent the will in probate court. These attorneys can also create trusts, allowing a client to assign a trustee to oversee the estate, potentially avoiding probate court and holding assets to be distributed over time.

Is estate planning the same as drafting a will?

While both estate plans and wills officially document how their owners wish to allocate certain assets after their death, there are key differences. In estate planning, a will is often just one of several documents that form a comprehensive plan. In a will, people must designate a person responsible for executing their will after their death. The will can include guardians for their children when they die and beneficiaries to receive an inheritance of money, property, and other assets.

What are the steps involved in estate planning?

To create a thorough and effective estate plan, individuals should follow these steps:

  • Prepare a will that designates an estate executor; indicate who will receive what assets, and assign a trust and guardians for any children. Consider using an attorney if the will is in any way complex.
  • To avoid probate, have an attorney create a revocable living trust.
  • Assign beneficiaries to other assets, such as life insurance policies, retirement plans, and securities.
  • Use an attorney to prepare a living will, name a health care proxy, and create a HIPAA release form.
  • Update the plan every five years.

How long does the estate planning process last?

The length of the process can vary greatly depending on the size and complexity of the estate, the specific law office, and whether there’s an emergency or urgent need. If you’re using an attorney, you can generally expect it to take one to five weeks. You may be able to speed up the process by immediately providing your attorney with any bank statements or other documents they need.

What is a trust?

A trust is an agreement between a grantor, a trustee, and a beneficiary. In this agreement, the grantor allocates funds or real property assets to the trustee to be held either until the grantor passes away or until a specific, agreed-upon date. At that point, it's the responsibility of the trustee to distribute funds or property to the beneficiary or beneficiaries. While there are similarities between a will and a trust, a will is a more comprehensive document that typically requires probate court, while a trust allows assets to pass to the beneficiary without probate.

How does a trust fund work?

When opening a trust fund, a grantor allocates a trustee to oversee and manage assets in the account. This trustee can sometimes be a relative, an estate lawyer, or a bank that acts as the legal owner of the trust. While holding assets, the trustee is required to file taxes on trust assets.

How does a living trust work?

A living trust enables a grantor to manage their assets through a trustee while still alive. They can continually add funds and/or property to their trust fund by transferring them to the trustee, who accepts ownership of everything held in the fund. The grantor can name a beneficiary for their trust, and their assets will be automatically transferred to that person or establishment upon their death.

Do I need a lawyer for a will?

No, a lawyer is not required to draft or complete a will. However, there are some scenarios in which hiring an estate lawyer to assist with a will is a good idea, including when children or high-value assets are involved. Additionally, an estate lawyer can help to reduce probate fees and taxes paid by loved ones after a person dies. It's also best to work with a professional to ensure that the will addresses everything necessary, such as funeral plans, guardianship, and asset distribution.

Can you have both a will and a living trust?

Yes, and individuals who have a living trust should also have a will. While a living trust enables a person to leave funds and assets to a loved one when they're gone, a will is required to cover any assets that aren't included in the trust, such as guardianship of dependents, funeral plans, and forgiveness of outstanding debts, if applicable.

How much does it cost to set up a trust?

The cost of setting up a trust varies quite a bit depending on a variety of factors, including terms that are in place, special provisions for minor beneficiaries, and trustees' basic fees. In most cases, the minimum cost of setting up a trust is about $1,500, but depending on the factors mentioned above, this cost can increase by thousands of dollars.

Read all FAQs