I. Fundamental Estate Planning Includes the Following
- Customized Consultations regarding every issue needed to make your plan work in reality.
- Customized training of your family fiduciaries and beneficiaries.
- Customized explanations of drafts of your documents.
- If you wish, we bring in (at no cost and no obligation to you) the best financial advisors, accountants, insurance specialists, or funeral home directors to ensure the global success of your planning.
- Pour-Over Will.
- Revocable Trust.
- Financial Power of Attorney
- Digitized copies of the preceding documents.
- Anytime Online Access to all your documents.
- Master Asset List you will use as a guide for years and decades to come.
- All consultation and document work necessary to transfer all assets into your trust (Transfer Work)
For more detailed information on what each of these services and documents include, click Process.
II. Costs for Fundamental Estate Planning
Total fees for Fundamental Estate Planning range from a low of $480 to a high of $7,600, with most planning averaging between $1,500 to $3,500. These fees are broken down into three parts: (1) Customized Consultations, (2) Documents, and (3) Transfer Work.
The initial consultation is free. Subsequent customized consultation fees vary from $80 to $2,000, depending on how much you need us to personally educate you about the issues of estate planning. See Education Discounts. For customized consultation work, we ask to be compensated hourly. Our Senior Paralegal asks for $80 per hour and our attorneys ask $250 to $300 per hour. You make the decision regarding the extent of customized consultations you want.
After consultations with you are finished, we ask a set fee for document preparation work. Fees for simple distribution documents range from $400 to $900. Fees for complex distribution documents range from $1,200 to $3,600.
After documents are signed, Transfer Work must be done. We ask to be compensated hourly for Transfer Work. Transfer Work fees vary from $0 to $2,000, depending on how much of the transfer work we do and how much you choose to do yourself. You may choose to do all transfer work yourself, rather than pay us to do the work.
As you can see, in simple situations, fees may be as little as $480. To understand what we mean by "simple" and for additional information about these three areas of Fundamental Estate Planning, click here on Process.
III. Fundamental Estate Planning Does Not Include the Following:
Health Care Planning
Medicaid Planning or General Asset Protection planning
Marital Planning (prenuptial agreements)
Special Needs Planning
Advanced Tax Planning (use of irrevocable trusts or business entities to reduce estate taxes)
Business Succession Planning (buy/sell agreements, for example)
We provide these services, but they are not part of fundamental estate planning.
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