The first step of creating an estate plan is having a consultation with an estate planning attorney to discuss your assets, family, and any other concerns you may have about what will happen to your stuff when you pass away. Then, the attorney will draft your documents to exactly capture your wishes. Once the documents are drafted, usually two weeks following the consultation, you will meet with the attorney to review and sign the documents. At the time of signing, the attorney will answer any questions you have about your new estate plan.
You get an estate plan by calling our office and arranging for a consultation with an estate planning attorney who will customize your estate plan to match your individual situation.
You get a will by calling our office and arranging for a consultation with an estate planning attorney who will customize your will to match your individual situation. (I suggest may this question and the one above be combined to ask, “How do I get a trust and a will?” or something like that)
The price of an estate plan varies based on the individual circumstances of each client. Generally, a comprehensive estate plan (which includes a Living Trust, Will, Durable Power of Attorney, and a Healthcare Directive) ranges in price from $3,500 - $4,000 for an unmarried individual and $4,500-$5,000 for a married couple.
To transfer your house into your Trust our office will prepare a Trust Transfer Deed. This deed will transfer your house from your name alone to yourself as trustee of your trust. A Trust Transfer Deed is included in the price of the comprehensive estate plan.
There are sophisticated and legal estate planning techniques that can dramatically reduce the amount of estate taxes due when you pass away. The first step is to schedule a consultation with our office.
The amount of estate taxes due when you pass away can be reduced through sophisticated and legal estate planning techniques that utilize irrevocable trusts and gifting during your lifetime. There are ways to gift assets to your children during your lifetime without giving up all of your control of those assets.
The most effective way to protect your assets for your children’s benefit when you pass away is through a comprehensive estate plan that has customized to fit your individual needs and situation.
