When Should You Ask for Legal Help with Money Matters?

If you’re wondering whether you need a lawyer, the short answer is: probably—especially if something serious is going on, like getting sued or going through a divorce. That said, not every money issue requires an attorney. Let’s break down when you can go it alone, and when calling a lawyer is the smart move.

When You Might Not Need a Lawyer

  • Creating a will or power of attorney

If your finances and family situation are pretty straightforward, you may not need a lawyer to set up a will, living will, or power of attorney. Tools like Trust & Will make it easy to create legally valid documents. Just make sure to get them notarized and witnessed properly.

  • Considering bankruptcy

If you’re thinking about filing for bankruptcy, speak to a nonprofit credit counselor first. They can help you understand your options. A bankruptcy lawyer might automatically recommend filing (they do get paid if you do), but it may not always be your best move.

When You Definitely Want Legal Help

  • Going through a divorce

Even if things seem amicable, a divorce that involves shared property, finances, or kids should be handled with help from an attorney. It’s a complex process, and legal help can protect your long-term interests.

  • Getting married with significant assets

Planning to sign a prenup? You’ll each need your own attorney to make it legal and fair.

  • Setting up estate plans with complications

If you want someone to serve as executor of your estate or power of attorney—and you don’t have a trusted person in your life to do it—working with a lawyer can give you peace of mind.

  • Facing serious tax issues

If the IRS is knocking and it’s not a simple question, call a tax attorney. For less intense issues, you might work with an Enrolled Agent (EA)—a tax specialist who can represent you before the IRS.

  • Denied Social Security Disability benefits

If you’ve applied for SSDI and been denied, a lawyer who specializes in disability claims can help you fight for approval. It’s often a complex and frustrating process, so professional help matters.

Still Not Sure? Ask Your Financial Planner

A CERTIFIED FINANCIAL PLANNER™ (CFP®) might not provide legal advice—but they can often point you toward trusted attorneys or help you clarify whether you actually need one.

Bottom line

If you’re thinking, “Maybe I need legal help…” — that’s your cue to look into it. When it comes to divorce, taxes, estate planning, or disability claims, having a professional in your corner can make a big difference.