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Flat Fee Estate Planning |
At Bostick Law Office, we understand that protecting your family is central to your peace of mind and that when you are able to predict the cost of that protection, you are empowered to secure a future for your family without the hardship of uncertainty, worry, and financial strain. That is why, whenever possible—as often as possible—we endeavor to provide estate planning services on a flat fee basis. However, there are times when clients who have multiple beneficiaries, multifaceted trusts arrangements, or complex property structures require specialized services and a unique touch. In those cases, there may be extra fees included in the billing. Where possible, we will provide you with flat fee rates on additional/a la carte services so that you can predict the cost, but it may be necessary to employ an hourly rate in cases where we are unable to predict the work involved. Our billing structure is rooted in providing you with excellent, quality service that not only meets your needs in the moment, but also the needs of your loved ones over time.
Initial Consultation
$255.00
You can elect to have an initial consultation if you are preparing to eventually secure estate planning services, but are still acquiring information about your assets and the process. It is also for persons who are unsure about what plan to choose (below) and which plan is the best for them based on their assets and/or wishes for their heirs.
This service is not for Clients who have already done the underlying research and are ready to get started.
The Essential Plan
$585.00 (Individual)
$885.00 (Couple)
This package includes the following for each Client:
The Essential Plan is for those individuals or families who want to leave their entire estate to one or more persons, but do not want to include specific bequests to their heirs; do not want to include provisions for a minor child(ren), and do not want to include trust provisions. (Note: You may include general bequests e.g. an identifiable amount paid out of the general assets of the estate, but cannot include specific requests as to stocks, bods, etc. You may also include bequests of tangible personal property e.g. a record collection, furniture, etc.). Financial and medical powers of attorney will allow the individual or couple to name a person(s) to manage financial and/or medical affairs in case of incapacitation.
The Dynasty Plan
$995.00 (Individual)
$1,215.00 (Couple)
This package includes the following for each Client:
The Dynasty Plan is for families who have minor children and for parents who wish to leave their assets to their adult children via trust which they will only have access to upon reaching a specified age or other significant event.
The Empire Plan
$1,965.00 (AB/Bypass Trust)
$2,515.00 (QTIP Trust)
This package includes the following for each Client:
The Empire Plain is for married couples with assets over the state and/or federal tax exemption limits. The Empire Plan allows for the reduction and/or elimination of estate taxes due after the death of both spouses and for the deferment of the state estate tax. This plan is for families with substantial assets and can save hundreds of thousands of dollars for your heirs.
The Organic Plan
$1,220.00 (Individual)
$1,815.00 (Couple)
This package includes the following for each Client:
The Organic Plan is for individuals or couples who want to avoid probate. Many families believe this is the best option, but often do not require a revocable trust plan. This Plan is best suited or older and/or disabled individuals and/or individuals who have property in multiple states.
The Liberty Plan
$2,505 -$3,515
This package includes the following for each Client:
The Liberty Plan is for married couples with assets over the state and/or federal tax exemption limits. It allows you to reduce and/or eliminate the estate taxes due after the death of both spouses and for the deferment of the state estate tax. This plan is for families with substantial assets and can save hundreds of thousands of dollars for your heirs.
Other Estate Planning Services
$390 - Stand-alone Financial and Medical Powers of Attorney package (no Will)
$245 add. to any Plan - Testamentary Special Needs Trust
$150-255/hr - Codicils and Trust Amendments
$1,600 - Irrevocable Life Insurance Trust
$150-255/hr - Transfer of Assets to a Trust
Note: The pricing for each of the documents defined above and any and all estate planning documents includes only Attorney’s services for drafting and the Client’s execution of the initial document. Additional fees will be assessed to Clients who wish to make changes to the original documents via codicil or amendment.
Initial Consultation
$255.00
You can elect to have an initial consultation if you are preparing to eventually secure estate planning services, but are still acquiring information about your assets and the process. It is also for persons who are unsure about what plan to choose (below) and which plan is the best for them based on their assets and/or wishes for their heirs.
This service is not for Clients who have already done the underlying research and are ready to get started.
The Essential Plan
$585.00 (Individual)
$885.00 (Couple)
This package includes the following for each Client:
- A Will.
- A Durable Financial Power of Attorney (both statutory and supplemental)
- A Medical Power of Attorney (aka an Advance Healthcare Directive) with living will provisions
The Essential Plan is for those individuals or families who want to leave their entire estate to one or more persons, but do not want to include specific bequests to their heirs; do not want to include provisions for a minor child(ren), and do not want to include trust provisions. (Note: You may include general bequests e.g. an identifiable amount paid out of the general assets of the estate, but cannot include specific requests as to stocks, bods, etc. You may also include bequests of tangible personal property e.g. a record collection, furniture, etc.). Financial and medical powers of attorney will allow the individual or couple to name a person(s) to manage financial and/or medical affairs in case of incapacitation.
The Dynasty Plan
$995.00 (Individual)
$1,215.00 (Couple)
This package includes the following for each Client:
- 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 (aka an Advance Healthcare Directive) with living will provisions
The Dynasty Plan is for families who have minor children and for parents who wish to leave their assets to their adult children via trust which they will only have access to upon reaching a specified age or other significant event.
The Empire Plan
$1,965.00 (AB/Bypass Trust)
$2,515.00 (QTIP Trust)
This package includes the following for each Client:
- A will with Trust Provisions for children and an AB/Bypass or Qualified Terminable Interest Property Trust, with either mandatory or disclaimer funding
- A Durable Financial Power of Attorney (both statutory and supplemental)
- A Medical Power of Attorney (aka an Advance Healthcare Directive) with living will provisions
The Empire Plain is for married couples with assets over the state and/or federal tax exemption limits. The Empire Plan allows for the reduction and/or elimination of estate taxes due after the death of both spouses and for the deferment of the state estate tax. This plan is for families with substantial assets and can save hundreds of thousands of dollars for your heirs.
The Organic Plan
$1,220.00 (Individual)
$1,815.00 (Couple)
This package includes the following for each Client:
- A Revocable Living Trust
- Pour-Over Will
- A Durable Financial Power of Attorney (both statutory and supplemental)
- A Medical Power of Attorney (aka an Advance Healthcare Directive) with living will provisions
The Organic Plan is for individuals or couples who want to avoid probate. Many families believe this is the best option, but often do not require a revocable trust plan. This Plan is best suited or older and/or disabled individuals and/or individuals who have property in multiple states.
The Liberty Plan
$2,505 -$3,515
This package includes the following for each Client:
- A Revocable Living Trust
- Pour-Over Will
- A Durable Financial Power of Attorney (both statutory and supplemental)
- A Medical Power of Attorney (aka an Advance Healthcare Directive) with living will provisions
The Liberty Plan is for married couples with assets over the state and/or federal tax exemption limits. It allows you to reduce and/or eliminate the estate taxes due after the death of both spouses and for the deferment of the state estate tax. This plan is for families with substantial assets and can save hundreds of thousands of dollars for your heirs.
Other Estate Planning Services
$390 - Stand-alone Financial and Medical Powers of Attorney package (no Will)
$245 add. to any Plan - Testamentary Special Needs Trust
$150-255/hr - Codicils and Trust Amendments
$1,600 - Irrevocable Life Insurance Trust
$150-255/hr - Transfer of Assets to a Trust
Note: The pricing for each of the documents defined above and any and all estate planning documents includes only Attorney’s services for drafting and the Client’s execution of the initial document. Additional fees will be assessed to Clients who wish to make changes to the original documents via codicil or amendment.