
Thinking about your Estate is the first step to success, let us ask you the right questions and guide you to step two.
If you are reading this page you have probably heard of an Estate Plan, and I will anticipate your curiosity based on the most common questions that I hear.
When should I have my Estate Plan done? I really don’t own that much right now.
Here is the beauty of an Estate Plan – you can always change it. Once you have your first one written and signed you will have the peace of mind in knowing that your protection is comprehensive. When I say comprehensive, I mean that your protection goes well beyond your financial and property concerns.
You may decide to write out your Estate Plan at age 25, single and up to your eyes in student loans or you may write it the day before you retire, at 65 with properties and descendants. The differences here may be age and money, but a comprehensive Estate Plan considers much more than your finances, your age, your property and your family members.
Each individual and each couple should have their Estate Plan completed as soon as possible, and then consider making amendments as they reproduce, as their children re-produce, as they buy and sell property, get married, get divorced, inherit property, change jobs, and retire – these are examples of life-changing decisions.
The good news is that once you complete your first Estate Plan your Attorney can help you to make simple adjustments instead of drafting every document from scratch, every time. You may decide to begin with a simple Will and then incorporate a Trust in the future, for example.
Isn’t it expensive? How much does an Estate Plan cost?
Its usually much more expensive NOT to have one because of the financial benefits that are woven in to the drafting. In almost every situation, someone who does not have an Estate Plan will pass along taxes, fees, and time delays in disposition that could have been avoided, totaling more than the legal cost of the Estate Plan.
If if all you desire is to have a Will, you should consider all the benefits of a comprehensive Estate Plan and contact your Attorney to find out exactly how much is at stake.
Attorney Gregory P. Sheehan offers competitive pricing as well as payment plans for single plans and plans for couples. These prices may vary depending on the clients’ needs, but for a single plan you should anticipate spending around $1,750, and for a couple you should anticipate spending $3,500.
Contact Gregory P. Sheehan for a price quote that meets your family’s needs and gives you the comprehensive protection that you deserve.
