Fee Schedule for Estate Planning Documents

Initial Consultation

$350

For those seeking information but not interested in estate planning documents; otherwise included in any Plan listed below.

Basic Will Plan

$900 Individual
$1,350 Couple

• A “Basic Will.”

• A Durable Financial Power of Attorney (both statutory and supplemental)

• A Medical Power of Attorney (“Advance Directive”) with living will provisions

Basic Wills leave your entire estate to one or more persons, and do not include specific bequests (except for general bequests of tangible personal property), provisions for minor children, or any trust provisions. Financial and medical powers of attorney allow the person(s) you name to manage your financial affairs and make medical decisions for you in the event of incapacity.

Family Will Plan

$1,200 Individual
$1,800 Couple

• A Will with one trust Provision for children and/or grandchildren

• A Durable Financial Power of Attorney (both statutory and supplemental)

• A Medical Power of Attorney (“Advance Directive”) with living will provisions

The Family Will Plan is for families with minor children as well as for parents who wish to leave assets to their adult children in trust until they reach specified ages or other milestones.

Family Will Plan With Tax Planning

$2,750 (“Bypass” Trust)
$3,000 (With “QTIP” Trust)

• A Will with Trust Provisions for children and also a “bypass” Trust, with either mandatory or “disclaimer” funding

• A Durable Financial Power of Attorney (both statutory and supplemental)

• A Medical Power of Attorney (“Advance Directive”) with living will provisions

This Plan is for married couples with assets over either the state or federal estate tax exemption limits.  It allows the minimization of estate taxes due after the death of both spouses, and/or the deferment of state estate taxes (Maryland only).  For families with sizeable assets, this plan can save hundreds of thousands of dollars for your heirs.

Living Trust Plan

$1,800 Individual
$2,750 Couple

• A Revocable Living Trust

• Pour-Over Will

• A Durable Financial Power of Attorney (both statutory and supplemental)

• A Medical Power of Attorney (“Advance Directive”) with living will provisions

This is a probate avoidance Plan.  Most families do NOT need a revocable trust plan, despite the many seminars that promote such plans.  For older or disabled individuals, or multi-state property, however, it can be an excellent choice.  I will explain the pros and cons.

Living Trust Plan With Tax Planning

$3,125 -$3,750

• A Revocable Living Trust

• Pour-Over Will

• A Durable Financial Power of Attorney (both statutory and supplemental)

• A Medical Power of Attorney (“Advance Directive”) with living will provisions

This Plan is for married couples with assets over either the state or federal estate tax exemption limits.  It avoids probate and allows the minimization of estate taxes due after the death of both spouses, and/or the deferment of state estate taxes.  For families with sizeable assets, this plan can save hundreds of thousands of dollars for your heirs.