Last Will and Testament
When thinking of an estate plan, the first thing you probably think about is a Last Will and Testament. This is the handy document that explains to the Probate Court how it is to distribute your possessions (after creditors come knocking, of course). With a proper will, you can ensure that your posessions are properly given to the individuals of your choosing when you depart.
Cost begins at $500.00 for a last will and testament.
Advance Directives
These documents give direction to others in advance of your death or incapacitation. These include Powers of Attorney, HIPAA Release forms, a Living Will, and Guardianship documents.
Cost begins at $50.00 for an advance directives package.
Establishing a Trust
If you want to avoid your family having to go to court altogether in the event of your passing, save the Probate costs, which could amount to 10% of your estate, and ensure that your family has access to your belongings immediately and not 18 months later, then you will want to create a Trust.
Cost begins at $2,500.00 for establishing a trust.