Prices
We recognize that each individual's estate planning needs are unique, and accordingly we personalize all of our estate plan offerings to each client's particular situation. Below is a sample of packages we offer that will address most family's estate planning needs. Understand that the cost may be higher for more complex situations.
With our firm there are no hidden fees, we will always quote you an upfront price for the services you select. We will never try to up-sell you. During your initial free consultation we will discuss your estate planning needs and goals and help you to understand all the options available to you and help you to select that services that are right for you. Prices for probating a will and establishing a guardianship are based on the specifics and complexity of your situation. We are very happy to discuss this with you during your initial consultation.
Your plan includes full and direct access to me during the estate planning process and beyond. You can always call or email me with any question at any time. As your family grows and your situation changes down the road, my telephone is always open to you. Indeed, periodic review of your plan every few years is important to ensure that your estate planning goals continue to be met. Never hesitate to contact me, all communication is included!
WILL-BASED PLANS
The Fundamentals Will
The Fundamentals Will Plan is the foundation of a young family's estate plan. It establishes your wishes concerning the distribution of your assets and property and the care of minor children after your death. This plan provides an outright distribution of money and assets to your beneficiaries when they turn 18. It ensures that your wishes -- and not those of the State -- are carried out.
Individuals: $650, Couples: $850
Will with Defined Term Testamentary Trust for Heirs
This plan builds on the Fundamentals Will Plan. In addition to establishing your wishes regarding distribution of your assets and the care of minor children, it creates a defined term trust for your beneficiaries upon your death. This trust gives gradual control of inheritance to heirs over time instead of a lump sum inheritance at age 18. It allows the young adult beneficiary time to grow into their inheritance with the understanding that with time they will be better equipped to make sound financial decisions.
Individuals: $1,650, Couples: $1,950
Will with Legacy Testamentary Trust for Heirs
This plan further builds on the Fundamentals Will Plan. In addition to establishing your wishes regarding distribution of your assets and the care of minor children, it creates an irrevocable trust for your designated beneficiaries upon your death. In addition to giving gradual control of inheritance over time, this trust protects their inheritance from creditors and from financial loss through divorce. It allows you to control how and when your beneficiaries receive money from the trust.
Individuals: $2,650, Couples: $2,950
Will with Special Needs Trust
This plan builds on the Fundamentals Will Plan. In addition to establishing your wishes regarding distribution of your assets and the care of minor children, it creates a special needs trust to provide for ongoing care of your special needs child upon your death.
Individuals: $1,650, Couples: $1,950
TRUST-BASED PLANS
The Fundamentals Revocable Living Trust
The Fundamentals Trust Plan provides you with complete control of your assets while giving you the benefits of a living trust such as avoiding probate. It establishes your wishes regarding distribution of your assets and the care of minor children. This plan provides an outright distribution of money and assets to your beneficiaries when they turn 18.
Individuals: $1,500, Couples: $2,000
Revocable Living Trust with Defined Term Trust for Heirs
This plan builds on the Fundamentals Trust Plan. It avoids probate by creating a revocable living trust that you fully control. It establishes your wishes regarding distribution of your assets and the care of minor children, and it creates a defined term trust for your beneficiaries upon your death which gives gradual control of inheritance to heirs over time instead of a lump sum inheritance at age 18. It allows the young adult beneficiary time to grow into their inheritance with the understanding that with time they will be better equipped to make sound financial decisions.
Individuals: $2,000, Couples: $2,500
Bypass Revocable Living Trust with Legacy Trust for Heirs
This plan is intended for two types of clients. The first are clients with moderate to high net worth with concern for minimizing estate taxes upon their death. The second are clients who want to absolutely ensure that upon the death of the first spouse that their share of community property goes exactly to their heirs without risk of inadvertent diversion through spousal remarriage and subsequent commingling of assets.
This bypass trust utilizes advanced advanced estate planning strategies such as generation skipping tax provisions to minimize tax consequences for heirs and for the preservation of generational wealth. It provides for asset protection upon the first spouse's death such that the decedent's portion of community property is protected from potential law suits and creditors via the establishment of an irrevocable trust that holds the assets. The surviving spouse controls this irrevocable trust, but upon the second spouse’s death the inheritance then directly flows to the decedent’s heirs. It further creates irrevocable trusts for these designated beneficiaries such that their inheritance is protected from creditors and divorce and allows you to control how and when your beneficiaries receive money from the trust.
$3,000
Blended Family Revocable Living Bypass Trust with Legacy Trust for Heirs
This plan is a variant of the Bypass Revocable Living Trust with Legacy Trust for Heirs. It has all the elements of the Bypass Trust but adds provisions to the Bypass Trust specifically designed for blended families. It ensures that each spouse's separate property assets acquired before the present marriage, and their portion of community property wealth accumulated during the present marriage, are distributed according to their wishes. A typical arrangement might be that separate property assets from the previous marriage flow to children of the first marriage, and each spouse's portion of community property assets from the present marriage flow to all of that spouse's children. It is completely customizable to your wishes. It creates irrevocable trusts for designated beneficiaries upon your death which protects their inheritance from creditors and divorce and allows you to control how and when your beneficiaries receive money from the trust.
$3,000
LLC ASSET PROTECTION-BASED PLANS
While the bypass revocable living trust plans provide an element of asset protection upon the death of the first spouse with the creation of an irrevocable trust into which the deceased spouse's assets will flow, it does not protect any assets while the spouses are alive. Our asset protection-based plans create a series LLC that is owned by your revocable living trust into which you will place assets such as rental property, investment interests and brokerage accounts. This LLC is separate from you, and if you are subsequently sued the assets in this LLC are protected from creditors. This LLC option can be added onto any of the trust-based plans listed above.
+ $850
Included with all plans:
Financial Power of Attorney - This document gives your designated agent the ability to act on your behalf to settle the finances of your estate.
Medical Power of Attorney - This document gives your designated agent the ability to make health care decisions for you in the event of incapacity.
Living Will - This document instructs doctors on your end of life resuscitation and care wishes.
HIPAA Authorization - This document permits doctors and hospitals to release medical information about you to individuals that you designate.
Appointment of Guardian for Children (as needed) - This document appoints a guardian designated by you for the care of your young child.
Pour Over Will (for trust plans) - This plan captures at the time of death any assets that may not have been placed into the trust such that all your assets are governed by your trust instructions.