Services

In order to enable clients to compare the cost and benefits 1 hour e loans of a revocable living trust with other estate planning options, we offer package prices on living trusts. That way, you know your total investment before you authorize completion of your estate plan.

Our package price includes the following (when applicable):

The first 30 minutes with any client regarding estate planning is free of charge.

After the initial meeting, if a living trust is appropriate for your situation and if you decide that a living trust is desirable for you, the following prices apply. By the end of the initial 30-minute meeting, the attorney will verify which package would be appropriate for your situation. We do retain the right to bill outside of package prices for highly complex estate plans. If this is the case, the client will be notified during the initial consultation, prior to making a decision as to whether to authorize work to be done.

In determining whether the benefit warrants the cost, it is important to balance the cost of estate planning versus the cost if no planning is done. Potential costs of probate, guardianship proceedings, tax, and other expenses which can be minimized or eliminated through estate planning should be weighed against the cost of estate planning.

Costs of estate planning will vary substantially from attorney to attorney. It is very important that the quote for a living trust includes consultations, supplementary documents, and help in getting assets transferred into the trust, since a trust without assets will NOT avoid probate. Beware of mail order trusts, or trusts marketed by nonattorneys. Each individual estate plan is unique and must be designed specifically for you. Paying for an estate plan without personally meeting 1 hour weekend loans with the attorney is like having surgery without the doctor in the room. Results can be disastrous, and nonattorneys have no insurance which covers errors made in the practice of law. Documents are worthless if they don’t fit your needs! We have reviewed plans which could create hundreds of thousands of dollars in unnecessary tax liability due to improper drafting. By the time liability arises, the ‘company’ may be long gone or uncollectible. Be selective in choosing the attorney who drafts your plan.

How long does it take to complete a living trust estate plan?

A living trust estate plan can typically be completed within a few weeks after the initial consultation. At an initial meeting you will discuss your individual situation and your goals with the attorney who then applies probate and tax law to your situation and recommends estate planning steps which will accomplish your goals. All information necessary for preparation of your plan is then given to the attorney, and a written statement of total cost for your estate plan is given to you prior to the time you decide whether you want to authorize work to be completed. If a written statement of exact cost cannot be given due to the need for more information from you, the written statement will be provided as soon as all information is received by the attorney and before work is authorized.

One to two weeks after the initial appointment, at a second appointment which is usually the final appointment necessary to complete all estate planning documents, all documents are explained, an informational videotape is viewed, documents are formally executed, and the binder which includes all information on the estate plan is covered in detail. 1000 dollars Necessary steps to complete the transfer of assets into the trust are discussed, including use of letters to deliver to institutions where assets are located.

Questions which arise are answered during this conference, and additional questions regarding transfer of assets to the trust are included for one month after execution of documents at no charge to you. After the second meeting, you are prepared to proceed with all steps necessary to transfer assets into the trust. The estate plan is then complete.

What should I consider before the first meeting?

It is helpful if, before the meeting, you think about: