How much will it cost to set up my estate plan?
Because every client’s estate plan is unique, we do not have a set price for this service. We offer a complimentary consultation to review your assets and the extent of your estate. During this meeting, we will provide you with a tailored price. We prefer to charge a flat fee for these services, as we believe this is the fairest and most reasonable approach for our clients.
When is a conservatorship necessary?
A conservatorship is generally required when an adult cannot manage their affairs—such as finances or personal care—due to disability, illness, or other incapacitating factors. This often arises when an individual lacks the capacity to make sound decisions about their health, finances, or safety. Examples of situations that might necessitate a conservatorship include:
- Inability to manage finances
- Inability to provide for personal needs
- Incapacitation due to injury or illness
- Mental health concerns
- Developmental disabilities
Should I hire an attorney to assist with trust administration?
It is generally advisable, and often recommended, to hire an attorney to assist in trust administration, especially if you are a first-time trustee or if the trust is complex. Trust administration involves intricate legal requirements, financial responsibilities, and potential liabilities. An attorney can help navigate these complexities and ensure compliance with all legal obligations.
What information should I bring to my meeting with an estate planning attorney?
To draft your documents, an estate planning attorney will need the following information:
- Your legal name, address, and phone number
- The legal names, addresses, and phone numbers of individuals you intend to name in any documents, including those designated to make legal, financial, or medical decisions on your behalf
- The age you would like any individual to receive their distribution from your trust
- The addresses of any real property you own