How to become an Estate Planning lawyer?
Now a days demands of every field is increasing day by day. This is a very demanded and high Payable job role as a estate planning lawyer.There are no court appearances involved in making a will or preparing a trust, for example. If there’s a will contest, an estate lawyer is a litigator.
They collaborate with financial managers and insurance specialists. Therefore, good communication, teamwork and strong organization skills are critical. Financial knowledge, such as how to manage a balance sheet, will allow them to better assist their clients with prudent estate planning. An estate law attorney must stay up-to-date with the ever-changing tax laws that could affect the value of clients’ estates.Estate law classes include topics like asset management, estate planning, family law, taxation, real estate law, and trusts.
Step to become a Estate Planning lawyer
Pass 12th class with minimum 45%.
Take a entrance exam
Clat exam
LSAT test
Or other state exam
Earn bachelor degree in law
enrolled as an advocate in the roll of Bar Council
Do an internship in Estate Planning law firm
Earn master degree in Estate Planning law
Gain some experience while doing master degree in law
Earn PhD degree if you want
The student must also have done internships in proper law firms in order to boost their resume and get an understanding of the work of Estate Planning lawyer.
Minimum Education required
Llb
Degree
BA LLB
BBA LLB
Salary
Lawyers who plan to start their own practice typically earn less than their counterparts in law firms.
In India you can earn 2 to 20 lacs per annum.
The mean yearly salary of lawyers in general was $144,230 as of May 2019, according to the U.S. Bureau of Labor Statistics. In May 2018, the BLS reported that lawyers in the 90th percentile or higher earned $208,000 or more per year, whereas the bottom 10th percentile earned $58,220 or less per year.
