How Much Does Sophisticated Estate Planning Cost?When people hear the phrase "sophisticated estate planning", they immediately perceive it be expensive to do. Every consumer should be considering the cost of t
When people hear the phrase "sophisticated estate planning", they immediately perceive it be expensive to do. Every consumer should be considering the cost of the service and decide whether or not it is worth it for them. Some lawyers charge on a flat fee basis while others charge on an hourly basis. Every lawyer should provide a free initial consultation where they assess your needs and explain how they charge you. If, for example, a lawyer charges on an hourly basis, how many hours do they estimate your estate planning will take and will they put that number in writing? The cost of your estate planning depends entirely on your needs. Is this planning designed to distribute wealth, protect a child or grandchild from losing their inheritance in a divorce, provide for a special needs child? The cost will vary depending on the level of sophistication needed to accomplish your goals. There is no one answer which is why we recommend that you call David M. Frees at 610-933-8069 or email him directly at [email protected] to learn more.