what is the most reasonable way to find out if entity is attached to dbContext or not?

If you are using DbContext API (you mentioned ef-code-first) you can simply use:

context.YourEntities.Local.Any(e => e.Id == id);

or more complex

context.ChangeTracker.Entries<YourEntity>().Any(e => e.Entity.Id == id);

In case of ObjectContext API you can use:

context.ObjectStateManager.GetObjectStateEntries(~EntityState.Detached)
                          .Where(e => !e.IsRelationship)
                          .Select(e => e.Entity)
                          .OfType<YourEntity>()
                          .Any(x => x.Id == id);