Estate Planning
It is a misconception that estate planning is the for wealthy. An estate plan provides instructions on how your property is to be distributed after your death, and if you have minor children, it determines who their guardian will be in the event of your death. If a person dies intestate (without a will) then the distribution of your property and guardianship of minor children will be determined by the court. There are many options for managing your estate, some of them are:
- Trusts: Allow property to be managed by a trustee and can be used to avoid probate. There are various types of Trusts that perform different function depending on your needs and situation.
- Wills: Provides instruction on how your property will be distributed after you are gone, as well as identifies guardians for minor children.
- Power of Attorney: Grants a specified portion to make decisions on your behalf.
- Durable Power of Attorney: Grants a specified person to make decisions on your behalf and remains in effect even if you are incapacitated.
- Healthcare Directive: Instructs healthcare on your wishes regarding prolonged life support.
- Community Property Agreement: Agreement for married couples
outlining the disposition of community property upon one spouse’s passing.
Estate Planning Packages
MARRIED COUPLES
Package 1 ($150)
- Two Durable Powers of Attorney (one per spouse)
- Two Durable Powers of Attorney for Health Care (one per spouse)
Package 2 ($600)
- Two Wills (one per spouse)
Package 3 ($800)
- Two Wills (one per spouse)
- Two Durable Powers of Attorney (one per spouse)
- Two Durable Powers of Attorney for Health Care (one per spouse)
- Two Cremation Instructions (if needed)
- Two Health Care Directives (one per spouse)
- Two Uniform Donor Pledges (one per spouse)
- Community Property Agreement
INDIVIDUALS
Package 1 ($100)
- Durable Power of Attorney
- Durable Power of Attorney for Health Care
Package 2 ($400)
- Will
Package 3 ($550)
- Will
- Durable Powers of Attorney
- Durable Powers of Attorney for Health Care
- Cremation Instructions (if needed)
- Health Care Directive
- Uniform Donor Pledge
TRUSTS
The cost to create a trust depends on its complexity and is influenced by many factors. If you would like to create a trust to manage your estate, please contact us.