Steps to Create an Estate Plan

  • August 10, 2022

Some people who pay professionals to fill out their tax returns, mow their lawns, or color their hair cannot bring themselves to pay a lawyer to prepare an estate plan for them. They do not want to spend thousands of dollars on something that they think they can do themselves with will-writing software that sells for less than $100. It’s possible to get a very basic estate plan for $1,200 to $2,000 if you shop around, says Deborah Jacobs, a lawyer in New York City.

An experienced attorney can use legal software more efficiently than you can. More important, he or she can offer customized solutions if your situation is complicated. Your needs are too complex for a do-it-yourself estate plan if you must provide for a disabled child, you owe estate taxes, or you own a business. Consumer Reports tested three will-writing products in 2011 with the help of a law professor specializing in estates and trusts. We concluded that all were inadequate unless a very simple plan was required, such as one that leaves everything to a spouse, with no other provisions.

Jacobs suggests a compromise. “I encourage consumers to seek the help of a lawyer and I also tell them to shop aggressively on price,” she said. “You can go out and get multiple bids, just as you would if you were getting your house painted.”

Start by getting referrals to lawyers with expertise in estate planning from your accountant or financial planner, or check the websites of the American College of Trust and Estate Counsel and the National Academy of Elder Law Attorneys for estate-planning specialists in your area.

Then call a few and ask how much they will charge, if anything, to meet with you for an hour and discuss your estate planning needs. After

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New Public Law partner at EY Abogados

  • July 5, 2022

Pablo Dorronsoro joins EY Abogados as a partner in the Public Law Area, where he has an extensive career advising national and international companies on matters related to the development of photovoltaic plants, contracts with the Public Administration or litigation, among others.

Dorronsoro, State Lawyer on leave of absence, will advise on matters related to Regulated Sectors and Energy. He has more than 12 years of experience in the practice of business law, having previously been a partner at other law firms such as CMS, Baker McKenzie and Pinsent Masons, from where he has incorporated. Previously, he stands out for his time at the Ministry of the Interior, at the National High Court and at the Central Contentious-Administrative Courts.

For Ramon Palacin, managing partner of EY Abogados, “the incorporation of a lawyer with Pablo’s career allows us to position ourselves even better in a very competitive sector with a lot of activity, which is why it is essential for us to continue offering first-class advice. level to our customers. Our commitment remains clear, to attract and retain the best talent with the aim of continuing to create value in the long term”

For his part, Pablo Dorronsoro recognizes “the pride that comes with joining a team like EY Abogados, a firm with a clear upward trajectory for years and which, due to its philosophy and values, represents a great opportunity professionally and personally”. The new partner of EY Abogados has a degree in Law from the Universidad Pontificia Comillas, Lawyer Advisor to Companies (E-1) and is professor of Administrative Law at the same university.

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