Estate planning costs are a significant financial commitment for most clients. Wherever possible, we try to charge a predetermined or “flat fee.” The fees listed below take into account the time spent in an initial conference with you as well as later conferences, whether in person or by phone, and the necessary time to draft and revise all documents.
The fixed fee is usually set at the end of the first conference. If it requires more than one conference to settle on a plan, then you will be charged on an hourly basis until we have agreed on a plan. The fixed fee is due at the time of employment.
We reserve the right to vary our terms and fees in special circumstances, and if that is the case, we will notify you in advance. The fees do not include any required filing or recordation fees, court costs, or any other out-of-pocket advancements made on your behalf.
Please note that all of our estate planning packages INCLUDE:
- Durable Power of Attorney for Health Care
- Durable General Power of Attorney
- Living Will
- Tangible Personal Property List
- Funeral Letter
|Initial Consultation||$250/hr**Waived with the purchase of Estate Planning Package||1 hour consultation with Estate Planning attorney to review prior estate planning documents (if applicable) and evaluate estate planning needs.|
|Wills for Individuals|
|Basic Will||$1,100||“Basic Wills” leave your entire estate to one of more persons and do not include specific bequests (except for general bequests of tangible personal property), or trust provisions.|
|Complex Will||$1850+||“Complex Wills” contain non-tax trust provisions and/or a significant number of bequests.|
|Wills for Married Couples or Domestic Partners|
|Basic Wills||$1,500||“Basic Wills” leave your entire estate to one of more persons and do not include specific bequests (except for general bequests of tangible personal property), or trust provisions.|
|Complex Wills||$2,500 +||“Complex Wills” contain non-tax trust provisions for your spouse and/or children and/or a significant number of bequests. Price depends upon the complexity of the residuary trust terms.|
|Basic Revocable Trust||Single Person:$4000 Married Couple: $5000||Includes a probate-avoidance trust agreement, “pour over” Will and one deed to transfer real estate (additional fee for more than one deed). Most families do NOT need a revocable trust plan, despite the many seminars that promote such plans. We will explain the pros and cons at our initial meeting.|
|Complex Estate Plan for married couple/domestic partners||If your estate exceeds $5,000,000 (including your pension and the proceeds of life insurance), you may want to create a credit shelter plan, consisting of a martial gift and a bypass trust to minimize the estate taxes due after the death of both spouses. We will explain how this plan works, and help you decide if this is the right plan for you.|
|More complex plans||Variable||The list above includes only a few of the possible estate planning techniques. I would be happy to explain my fees for other plans.|
|Powers of Attorney(a la carte)||$250 per Power||A General Power of Attorney appoints a person to care for your property. A Power of Attorney for Health care appoints a person to make decisions related to health care in the event that you are incapacitated.|
|Living Will (a la carte)||$250||A living will is an expression of your end-of-life wishes regarding the administration of medical care and artificial nutrition and hydration.|
Note: The pricing for all documents includes only the drafting and signing of the initial document. Clients will be charged additional fees for any changes (codicils) or amendments made after the initial documents have been signed.
Revised June 2015