An estate planning attorney is a type of lawyer who understands how to advise clients on getting their affairs to prepare for the possibility of mental disability and eventual death. They have years of mentoring, continuing legal education, and experience.
They may need to earn a CTEP, which requires at least three years of estate planning or trust experience. Additionally, they must also have an undergraduate or graduate degree in finance, tax, accounting, financial services, or law-or an MBA, MS, Ph.D., or JD from an accredited school or organization.
Estate planning attorneys in America make an average salary of $74,192 per year or $36 per hour. Their pay rises to 4.6 percent every year. Depending upon the type of clients they may get, they may very well be in a six-digit figure range.
There is more than meets the eye when it comes to being an estate planning attorney. For example, did you know that they make an average of $40.29 an hour? That's $83,795 a year!
Between 2018 and 2028, the career is expected to grow 6% and produce 50,100 job opportunities across the U.S.
There are certain skills that many estate planning attorneys have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed analytical skills, interpersonal skills and problem-solving skills.
When it comes to the most important skills required to be an estate planning attorney, we found that a lot of resumes listed 33.4% of estate planning attorneys included law firm, while 15.7% of resumes included real estate, and 10.7% of resumes included legal documents. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the estate planning attorney job title. But what industry to start with? Most estate planning attorneys actually find jobs in the professional and finance industries.
If you're interested in becoming an estate planning attorney, one of the first things to consider is how much education you need. We've determined that 42.9% of estate planning attorneys have a bachelor's degree. In terms of higher education levels, we found that 3.4% of estate planning attorneys have master's degrees. Even though most estate planning attorneys have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an estate planning attorney. When we researched the most common majors for an estate planning attorney, we found that they most commonly earn doctoral degree degrees or bachelor's degree degrees. Other degrees that we often see on estate planning attorney resumes include master's degree degrees or associate degree degrees.
You may find that experience in other jobs will help you become an estate planning attorney. In fact, many estate planning attorney jobs require experience in a role such as law clerk. Meanwhile, many estate planning attorneys also have previous career experience in roles such as attorney or legal extern.