Fees and Costs
In General
Wills are written for individuals and thus a husband and wife would need two wills, one for each of them. Living Wills and Powers of Attorney are also individual documents. Trusts are joint documents in that a single document suffices for a husband and wife or an individual.
Wills
| Simple Pourover[1] |
$50.00 |
| Simple Bequest[2] |
$75.00 |
| Custom Bequest[3] |
$150.00 |
| Complex[4] |
$350.00 |
Trusts
| Simple Revocable[5] |
$100.00 |
| Simple Beneficiary Restrictions[6] |
$150.00 |
| Special Purpose Revocable[7] |
$250.00 |
| Special Purpose Irrevocable[8] |
$350.00 |
| Complex[9] |
$450.00 |
Health Directives
| Living Will |
$30.00 |
| Treatment Plans |
$40.00 |
|
Advanced Health Directive |
$50.00 |
Powers of Attorney
| General |
$20.00 |
| Medical |
$20.00 |
| Limited Purpose |
$30.00 |
| Financial Powers[10] |
$40.00 |
Other
| Amendments |
$40.00/Page |
| Document Review[11] |
$40.00 |
| Document Review with Written Report[12] |
$80.00 |
| Out of Office Consultation |
$115.00 |
|
In Office Consultation |
$40.00 |
The preparation and recording of Transfer Documents involves additional fees and charges. Please consult with the attorney regarding them.
_______________
[1] This will is used in connection with a Trust. It includes if appropriate: Directions to Personal Representative, Statement of Marital Status and Children, Acknowledgments, Statement Regarding Powers of Appointment, Dresser Drawer List, Bequests, Estate to Trust, Appointment of Personal Representative, Guardians for Children, and Execution Clauses.
[2] In addition to the provisions included in the Simple Pourover (other than the Estate to Trust), this will includes if appropriate: Bequest to Spouse First then Children, Minor Trust, Split Family Information, and Charitable Remainder Bequest clauses.
[3] In addition to the provisions included in the Simple Bequest this will includes if appropriate: Custom Bequest, Advancements, Debt Repayment, Reduction of Share, Disinheritance, Conservatorship, and Remarriage clauses.
[4] In addition to clauses that may be found in any of the preceding wills, this document includes an AB Trusts and Section 2503 Minor’s Trusts. A will of this complexity is not need if you do not think your combined estate will exceed $4,000,000.00 at death.
[5] This trust includes if appropriate: Creation Clauses, Insurance Provisions, The Addition of Property to the Trust, Asset Treatment During Life of Trustors and at their Deaths, Identification of Trust Assets, Identification of Beneficiaries (first to spouse if any and then equal to children), Powers of Trustees, Distribution Discretion, Expressions of Affection, Governing Law, Successor Trustees, Rule Against Perpetuities Clause, and Execution Clauses.
[6] In addition to the provisions included in the Simple Revocable, this trust includes if appropriate: Spend Thrift, Advancement, Entitlement Protection, Debt Repayment, Share Reduction, and Irrevocable at Death of First Spouse provisions.
[7] These are trusts created for special purposes which include: Generation Skipping, Beneficiary Controlled, Pet, Insurance and Asset Divestment.
[8] These are trusts created for special purposes which include: Adult Spendthrift, Asset Divestment, Asset Protection, Special Needs, Medicaid, and Insurance. These trust are often created to reduce estate and/or income taxes.
[9] These are trusts created primarily for tax reasons. They include: 2503(cc) Minor’s Trusts, Crummey Trusts, Combination 2503(cc) Minor’s and Crummey Trusts, Crummey Insurance Trusts, Charitable UniTrusts, Charitable Lead Trusts, Charitable Residence or Farm Trust, Dynasty Trusts, and Legacy Trusts.
[10] This power is designed for tax and estate planning purposes. It allows your agent to make decision if you become unable to communicate that may be necessary to qualify you for Medicaid or to reduce the size of your taxable estate.
[11] If you have our office do estate planning work for you after a document review, you will receive a $40.00 credit against this charge.
[12] If you have our office do estate planning work for you after a document review, you will receive a $40.00 credit against this charge.
