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Many attorneys who limit their practice to estate planning are values-based, relationship-driven, client-centered and counseling-oriented. And the good ones are willing to work together with other professionals on your behalf. They understand that thorough estate planning involves more than just legal advice. The key is to find those attorneys who meet this description.

So where do you find these rare creatures? How do you know if you’re dealing with the right kind of attorney? The right kind of attorney will have an orientation toward relationship-building and counseling rather than mere document preparation. The first thing he or she will offer is the ability to listen carefully to not only your goals – but also your hopes, dreams, and aspirations for yourself and your loved ones. The attorney will carry on a sensitive dialogue that will enable you to make clear your wishes to maintain control over your affairs, to be cared for properly in the event of a disability and to provide meaningfully for your loved ones after you are gone.

In acquiring a house, the first decision you need to make is whether to buy a house or rent one. Many people think that buying a house is the most advantageous -the “American Dream”. Take stock of the situation and see the pros and cons:

Buying
Pros – Over time, equity builds up while mortgage balance decrease, even if the value of the home does not increase. You have all the ability to redecorate and remodel your home. Tax advantages are attached to home ownership.

Cons – Costs are variable, and equity may either go up, down, or stay stagnant. You have to sell your house if you want to move, and all repairs are at your own cost. Most often, a large investment is needed for down payment.

Renting
Pros – When the lease is up, you can just move out. Generally, there is less work and expense in maintaining a home or apartment. A smaller amount of “up-front” cash is needed.

Cons – More fixed costs are required for the term of the lease. No matter what happens wit the value of the home, you do not gain equity at all, though you will not lose it either. Personalizing your living quarters is limited. As taxes, your landlord gets to avail of any tax breaks, you get none.

Always consult competent legal and/or accounting advice for details for your situation