img Walter@SowaLegal.com
logo
Service Hours
9:00 AM - 5:00 PM
Telephone:
(941) 840-0820
Fee Schedule for Living Trusts, Wills, Estate Planning

Walter Sowa

Bankruptcy, Estate Planning, and Probate Services
legal

Fee Schedule for Living Trusts, Wills, Estate Planning

(Effective 3/2013 – Subject to Change)

We offer flat-rate, up front pricing on all of our estate plans. The following represents our standard estate planning “packages.” Of course, not every client’s situation fits these packages exactly. In those instances, we will work with potential clients to develop a plan that properly meets their needs. Such a plan may include documents not discussed below. We will always quote a “flat fee” prior to starting the work. After the initial estate plan is completed and signed, amendments to the plan will be subject to additional fees.

BASIC PACKAGE

$ 199 / Individual
$ 329 / Couple
  • Includes (for each person):
  • Simple Will
  • Durable Power of Attorney (Financial & General Powers)
  • Living Will and Durable Power of Attorney for Health Care Decisions
  • This is our basic estate planning package. This plan is designed for individuals or families with no minor children. It allows you to direct the distribution of your estate through the probate process. It also allows you to name individuals of your choice to manage your financial affairs and make your health care decisions in the event of your incapacity. Finally, it also allows you to provide directions for your health care in the event you are in a terminal, non-responsive condition. It does not avoid probate, and does not involve any estate tax planning.

FAMILY PACKAGE

$ 249 / Individual
$ 349 / Couple
  • Includes (for each person):
  • Will with Testamentary Trust and Guardianship Provisions
  • Durable Power of Attorney (Financial & General Powers)
  • Living Will and Durable Power of Attorney for Health Care Decisions
  • This package is designed for families with minor children. It provides all of the benefits of the Basic Package. In addition, in the event both parents should die before the children reach adulthood, the Will designates who should be appointed guardian(s) of any minor children and sets up trusts to hold your assets for the children’s benefit. Once the children reach certain age or achievement milestones of your choosing, the trust assets can be distributed to them. Like the Basic Package, this plan does not avoid probate or involve any estate tax planning.

LIVING TRUST PACKAGE

$ 699 / Individual
$ 799 / Couple
  • Includes (for each person, if applicable)
  • Either a single Joint Revocable Living Trust (for both spouses) or separate Revocable Living Trusts (for each spouse)
  • Pour-Over Will with Guardianship Provisions (if applicable)
  • Durable Power of Attorney (Financial & General Powers)
  • Living Will and Durable Power of Attorney for Health Care Decisions
  • This plan has all of the benefits of the above packages, with the added benefits that assets transferred to the trust can: 1) be managed by the trustee(s) in the event of trust maker’s incapacity and 2) avoid the expense, delays and public nature of probate on trust maker’s death. A Will (i.e. the “Pour-Over Will”) is still necessary to ensure that assets not transferred to the trust prior to death are transferred to the trust after death (through the probate process).

LIVING TRUST PACKAGE WITH ESTATE TAX CREDIT SHELTER PLANNING

$ 799 / “Disclaimer” or A/B Trust
$ 899 / With QTIP
$ 899 / One of the above options with GST planning
  • Includes (for each person, if applicable)
  • Either a single Joint Revocable Living Trust with Estate Tax Credit Shelter Provisions (for both spouses) or separate Revocable Living Trusts with Estate Tax Credit Shelter Provisions (for each spouse)
  • Pour-Over Will with Guardianship Provisions (if applicable)
  • Durable Power of Attorney (Financial & General Powers)
  • Living Will and Durable Power of Attorney for Health Care Decisions
  • This package can benefit married couples with sizeable assets and/or life insurance policies. It has all of the benefits of the above packages, plus provisions that will enable married couples to preserve their estate tax exclusion amounts, potentially saving hundreds of thousands of dollars, or more, in estate taxes. Currently (2013), each person is entitled to shelter $5,250,000 from estate taxes, and it is indexed for inflation.

Most clients choose to have complete estate plan packages done because the documents end up being less expensive and the notary fees are included. However, occasionally situations will arise where a client simply wants an individual document. In those cases, the fees are as follows:

Additional Documents Fee
Stand Alone Living Trust (individual) $499
Stand Alone Will (individual) $99
Stand Alone Will (couples) $159
Durable Power of Attorney for Business Affairs $150
Advance Health Care Directive $150
Nomination of Guardian for Minor Children $150
Additional Services Fee
Special needs trust provisions. Usually needed if an heir is handicapped or disabled and receiving government benefits. Protects the heir from losing his or her benefits and stops the government from taking the inheritance.. $150
Non U.S. Citizens. Unique tax considerations come into play with non U.S. citizens. Special Trust provisions are required. $150
Assignment of business interests. Necessary when a client owns a corporation, limited liability company, partnership, or other business entity. $150
Drafting and recording of deeds: includes the drafting and recording of the deed, the drafting and filing of the required Preliminary Change Ownership Report, the Notary fees, and the County recording fees. $150
Hourly Rate. Our office strives to set flat rates on legal services so that clients will always know exactly what to expect regarding fees. In those unusual situations where a client requests work for which no flat rate has been established and cannot be estimated, our hourly rate will apply. $300

Please call Attorney Walter Sowa, III for any questions you may have at (941) 840-0820.

To Get Latest Updates And Promotions SIGNUP NOW!

↑