First, I guess we need to talk about what an Arkansas estate plan can include. It can contain the following:
Living Revocable Trust, Irrevocable Trust, Last Will and Testament, Power of Attorney, Healthcare Power of Attorney, Living Will, Personal Property Memorandum, Funding of the Trust, deeds, and an LLC
Now, your estate plan can also include single parts of the above list. We try to provide Clients only the services they need. We will provide a free 30 minutes consult to answer your questions and ask questions of our own to try and figure out how best to address your estate planning needs.
Here are the flat-rate costs for the typical estate plan (and each individual piece of a plan):
Joint Trust Estate Plan $2,150.00
Individual Trust Estate Plan $1,750.00
Trust Plans include: Trust, Certificate of Trust, funding instructions, and the following: pour over will, power of attorney, healthcare power of attorney, living will, assignment of property, personal property memorandum, and the initial funding of the trust for all assets provided in the first 90 days.
Joint Wills Estate Plan $950.00
Individual Wills Estate Plan $600.00
Will plans include the following: will, power of attorney, healthcare power of attorney, living will, and personal property memorandum.
Joint Powers of Attorney $275.00
Individual Powers of Attorney $175.00
Includes: powers of attorney, healthcare power of attorney, living will.
If you are interested in making a plan for your estate, it is very important to get started early. One of the most common issues that drives a wedge into families is the distribution of a deceased family member’s estate. To avoid any strife among your family members, it is important to make a definite plan so that no one feels the need to fight over your possessions. Call us today, and we can set up an appointment to determine what type of plan will best suit your needs.