Many of our clients want to know what their estate plan will cost before they schedule their initial consultation. Unfortunately, we can’t give you an estimate of the investment that you will need to make until we get to know you better. We don’t sell documents. Instead, we provide solutions to specific problems.
We go through the same process for clients with very simple planning needs as we do with those who have complex issues. The cost of an estate plan depends on the risks that you face and which risks you wish to avoid.
If you just want a Will or a power of attorney, you can buy one online. But if you want an estate plan that fits your needs, you have to identify your goals and understand how your estate planning documents can accomplish those goals. You have to talk about family dynamics, your assets, and your concerns. We have a process to work through these issues and come up with the best plan for you.
Every estate plan is different, but our plans typically fall into one of four broad categories, which we will explain in more detail at our first meeting. Estate planning packages usually begin at $650 for individuals and $850 for married couples and can cost several thousand dollars. We occasionally meet with clients who don’t need any changes to their existing estate plan. We also meet with clients with complex planning issues that require advanced planning strategies. In the end, the choice is always yours.
When we go through your options, we will set a flat fee for each option. We do not bill by the hour. We ask for one-half of the agreed-upon fee at that time we are hired. The remainder is due when you sign your documents.