Edmonds Wills & Trusts –
Estate Planning for Individuals
All packages include a complimentary initial consultation and free updates and changes to your documents throughout your lifetime.
Estate Planning Package 1 – A Simple Will
Advantages: This package is fast, easy and inexpensive. A Will distributes property according to your wishes, appoints a representative to handle your estate after you pass away and can reduce the likelihood of family disputes. A Will can also establish a trust and guardianship for your minor children.
Disadvantages: This package does not include Powers of Attorney or a Health Care Directive. A Will does not avoid probate proceedings for your beneficiaries. A Will is a matter of public record and accessible to anyone after your death.
Package Cost: $400.00
Estate Planning Package 2 – Will, Health Care Directive, Durable Powers of Attorney
Advantages: This package includes all the benefits of Package 1, In addition, a Health Care Directive ensures that medical decisions are made according to your wishes in the event of an emergency. A Financial Durable Power of Attorney assures that, in the event you are incapacitated, a designated person can attend to your financial obligations. A Health Care Durable Power of Attorney assures that, in the event you are incapacitated, a designated person can attend to your medical decisions.
Disadvantages: This package does not avoid probate proceedings for your beneficiaries. A Will is a matter public record and accessible to anyone after your death.
Package Cost: $500.00
Estate Planning Package 3 – Living Trust Package
- Revocable Living Trust
- Bill of Sale
- Comprehensive Transfer Document
- Mini Certificate
- Certificate of Trustee Authority and Power
- Last Will and Testament
- Durable Powers of Attorney
- Health Care Directives
- Asset Transfer Documents
- Real Estate Documents
- Asset Transfer Letters
Package Cost: $1600.00
Advantages: This package entirely avoids probate proceedings for your beneficiaries, potentially saving thousands of dollars in legal fees. Your estate is handled privately, with no governmental Interference. A Revocable Living Trust is not a matter of public record.
Disadvantages: This package is a little more involved and the cost is higher.