Estate Planning

Planning Today for Peace of Mind Tomorrow.

Confident

Protected

Assured

Without a proper plan in place, there is little confidence in the future.

A lack of clear guidance can lead to unnecessary stress and heartache for your loved ones.

Estate planning is for all individuals. 

Whether you own a lot or a little, all things that you own are part of your estate. By making a plan today, you still have a voice tomorrow no matter what happens. 

Although estate planning can be complex in nature (we’re talking about one wrong word or one missed signature), understanding what it is is as simple as having a plan for your assets when you pass away and who can make healthcare and financial decisions on your behalf should you be incapable of doing so. When you sit down with a lawyer to make your estate plan, common topics that you will cover are:

  • Creating a plan for who will make financial and health care decisions on your behalf if you are unable to do so.
  • Determine who will have guardianship of your minor children should you pass while they are still minors.
  • If you own a business, transfer of your business when you retire, pass or become incapcitated in running your business.
  • Who you want to receive your possessions when you pass.
  • Topics you may not have considered but could potentially cause conflict and confusion in your passing.

Have a plan for your assets.

Get asset dispersion done your way.

Plan for guardianship

Experience peace of mind knowing who will take care of your children.

Plan for Healthcare Decisions

If you were too ill, determine who would have the power to make your healthcare decisions for you.

Plan for Financial Decisions

Decide who will have the power to make your financial decisions for you if you are too ill.

What are the things you really need to know when it comes to estate planning? When you are ready to meet with an attorney to begin the estate planning process, there are several things to know and consider before you meet. This includes: 

  • What real estate do you own and do you own it with someone else, 
  • What types of accounts you have and how much are in each account (bank accounts, retirement accounts, brokerage accounts, etc.),
  •  Whether you have any large outstanding debts (mortgage included), and
  •  Your approximate net worth. 

 

Finding the right lawyer to assist you in creating your estate plan is central to the success of carrying out your wishes. A few things to consider when determining if this lawyer is right for you:

  • Is their primary focus estate planning? Attorneys who primarily focus on estate planning will be up to date on all the legal rules to successfully help you create your estate plan exactly the way you want it. 
  • Because estate planning is an ongoing process, you will want a lawyer who periodically reviews your estate plan to ensure that it is up to date.
  • How do they bill? Do they charge a flat fee by the project or per hour?
  • Will you be able to review your estate plan before it becomes finalized?

 

When you begin the estate planning process with your lawyer, you may feel overwhelmed with all the documentation and laws. From the first meeting until the last, your lawyer will put your mind at ease by answering any questions you may have and direct you on what you can expect from the estate planning process. On average, the estate planning process takes 2-3 weeks for smaller estates and 3-6 weeks for larger estates depending on the complexity of the estate. At Zachary A. Cooper Law, we have 3 common packages. Because every estate plan is unique, it is impossible to quote an exact price without a consultation. Pricing reflects the HIGHEST price of each item. Actual cost is based on complexity.

I recommend you review your plan every year to evaluate if there have been any significant life changes since creating or updating your plan.

Nobody likes thinking about their last moments and what will happen with their belongings when they pass however not doing so may mean confusion and frustration for your loved ones. If you were to pass before making a will and estate plan, who inherits your belongings will be funneled through your state’s intestacy laws. Give your loved ones peace of mind knowing that when you pass, your wishes are honored through your estate plan.

Don’t put off a plan today for peace of mind tomorrow. Get your questions answered so that you can live fully in the present, knowing tomorrow has a plan for itself. Reach out to me today to see if I can help you create a plan.

Estate Planning Prices

Every estate plan is unique, so it is impossible to quote an exact price without a consultation. However, in order to be as transparent as possible, below is a list of TOP END prices for common estate planning packages and items. This means that the price shown is the MOST you will pay for that package, and that is only if you have the most complex plan within that package. Advanced planning beyond these basic packages is also available. Please reach out to me to discuss advanced planning.

Common Packages

Pricing reflects the HIGHEST price of each item. Actual cost is based on complexity.

Will Package – Individual: $1,500 Couple: $2,000**

  • Will

  • Financial Power of Attorney

  • Healthcare Power of Attorney

  • Advance Directive (Living Will)

  • Planning and advice on how to get the most out of your estate plan

Testamentary Trust Package – Individual: $2,500 Couple: $3,000**

  • Will with Testamentary Trust

  • Financial Power of Attorney

  • Healthcare Power of Attorney

  • Advance Directive (Living Will)

  • Planning and advice on how to get the most out of your estate plan

Revocable Trust Package – Individual: $4,000 Couple: $5,500**

  • Revocable Trust with Trust Certification

  • Pour-Over Will

  • Financial Power of Attorney

  • Healthcare Power of Attorney

  • Advance Directive (Living Will)

  • Planning and advice on how to get the most out of your estate plan

Irrevocable or Special Needs Trust – Individual: $8,000 Couple $10,000***

  • Trust with Trust Certification

  • Pour-Over Will

  • Financial Power of Attorney

  • Healthcare Power of Attorney

  • Advance Directive (Living Will)

  • Planning and advice on how to get the most out of your estate plan

** Couple pricing will change if plans are not substantially similar.

A La Carte

Pricing reflects the HIGHEST price of each item. Actual cost based on complexity. Each item includes planning and advice on how to get the most out of the planning document(s)

  • Will – Individual: $1,200 Couple: $1,800**

  • Will with Testamentary Trust – Individual: $2,000 Couple: $2,500**

  • Power of Attorney Package – Individual: $300 Couple $500***

  • Revocable Trust with Certification – $3,000

  • Irrevocable or Special Needs Trust with Certification – $6,000

**Couple pricing will change if plans are not substantially similar.

Pricing reflects the HIGHEST price of each item. Actual cost is based on complexity.