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Email: Info@TrustAnswers.com
A will can be an option in a simple estate plan or an important tool when
used with a Revocable Living Trust.
A will is simply a set of instructions for the
Probate Court to follow.
It allows you you choose who will manage your financial affairs after you have
died, who will be the guardians of your minor children and where your assets
will go after you have died.
Key Benefits
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Simple
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Only place to name a guardian for minor children
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Allows you to choose who handles financial affairs
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Allows you to choose who receives your assets.
Who Benefits most from a Will
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Single persons with no minor children
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Young families with very limited assets
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Older persons with only one child
Simple Wills vs. Pour-Over Wills
A simple will is a set of instructions for the
Probate Court that is
created without a trust. It details who will receive your assets, who
will manage your financial affairs and who will be the guardians of your minor
children.
A pour-over will is designed to be used in conjunction with a
revocable living trust. It acts as a "safety net" to catch any assets
that you may have been unable or forgot to transfer into your revocable living
trust. A pour-over will should be created every time a
revocable living
trust is created.
Pricing
TrustAnswers.com provides flat-rate pricing for estate planning services so
you know how much your plan will cost before you begin. This allows you to
decide which plan works best for you and best fits your budget. It also
allows you to completely discuss your situation without having to worry about
paying legal fees based on high hourly rates. You get an estate plan
tailored specifically for your needs at a price you can afford.
The cost of a typical estate plan which includes a simple will, power of
attorney for financial matters and power of attorney for medical care decisions,
together with all of the appointments needed to complete your estate plan is
$550.00.
The cost is the same for a married couple or a single person.
Specifically, the cost for a married couple is $550.00 total, not $550.00 each.
This is because much of the time involved in creating an estate plan takes place
during interviews and conversations with the attorney and therefore it takes
about the same amount of time to create a plan for a married couple as it does
for a single person.