Frequently asked questions about Estate Planning
- How many assets does my estate need to have before I consider estate planning?
- Estate planning is about your life, family, friends and charities. Whether you have one dollar or a million dollars, estate planning helps you save time, money and taxes. There is no estate too small.
- How much time does the process take?
- Timing is largely up to you, but your plan could easily be completed within sixty days. When life requires faster turnaround, we can almost always accommodate.
- How much does estate planning cost?
- The range is generally from $200-$3,500. But there is no fee for the initial meeting, and your lawyer will explain the differences in options and pricing. You decide what you need.
- Do I have to make a personal visit in order to do estate planning? Can it be done by phone or email?
- We can do work by phone or email, but we generally prefer at least one meeting in person. If you have mobility issues, we make “house calls”.
- I’m not sure what I want to do with my estate. Shouldn’t I wait until I know what I want to do before I consider estate planning?
- That isn’t necessary. One of the biggest parts of our job is to help you understand the process and make decisions.
- I don’t own much, I am not married and have no children. Is estate planning important for me?
- Who will speak for you if you are unconscious? Who will help you pay your bills? If you are single, you need to plan for life as well as death, perhaps even more than a married person.