Estate Planning Fee Structure at our Pennsylvania, Delaware, Maryland, and The Metropolitan Washington, D.C. Area Law Firm
Guidance and Drafting of Wills, Trusts, and Other Estate Planning Documents
Founded in 1982, The Estates and Trusts Department of McAndrews Law Offices has been guiding residents of Pennsylvania, Delaware, Maryland, The Metropolitan Washington, D.C. area, and New Jersey through the creation of comprehensive, strategic tools such as Wills, Trusts, Powers of Attorney, Advance Medical Directives, and Special Needs Planning documents. Our extensive experience allows us to address important estate planning matters both expeditiously and at a reasonable cost.
Our Comprehensive, Effective Estate Planning Package
Our base fees include the following:
- Review of completed questionnaires
- Estate planning consultation of 1 hour with attorney
- Drafting of documents
- 1 hour of attorney time for draft document review, minor changes to documents, and questions, and
- Brief meeting to sign documents in our office, typically with paralegals
Wills:
| Simple Wills (no trusts, no complex terms) | $625 each (base fee) |
| Codicils | $575 each (base fee) |
| Pour Over Wills
(Must be done with Revocable Living Trust) |
$425 each (base fee) |
Testamentary Trusts (Trusts in Will, Codicil, or Revocable Trust):
(Fee is per Will/Trust)
| Child’s Trust
(To protect child’s share during minority or longer, to protect in event of divorce, etc.) |
$350.00 each |
| Disclaimed Property Trust (tax planning)
(Generally, married couple with estate of approximately $5 million or greater) |
$175.00 each |
| Credit Shelter Trust (tax planning)
(Generally, married couple close to or exceeding current Federal Estate Tax Exemption) |
$550.00 each |
| Marital Trust
(Generally, married couple with tax concerns, children from prior relationships, money management concerns) |
$225 – $525 each |
| Pet Trust | $225.00 each |
Inter Vivos Trusts:
| Revocable Living Trusts
(Must be done with Pour Over Will) (Fee does not include transferring assets to Trust) |
$1,750.00 |
| Third Party Funded Special Needs Trust | $1,750.00 each |
| Life Insurance Trust
(Including form for necessary annual notice documents, letters of instruction, etc.) |
$2,500.00 each |
| Employer Identification Number (EIN) | $195 each |
Complex Terms in any Will or Trust
| (i.e., specific bequests, charitable bequests, etc.) | $150.00 – $450.00 each |
Powers of Attorney/Living Wills:
| Combined Financial and Health Care POA | $380.00 each |
| Living Will | $150.00 each |
| Health Care POA with Living Will | $265.00 each |
| Financial Powers of Attorney | $265.00 each |
| Meeting with attorney to determine capacity | $350.00 (additional cost) |
| Mental Health POA | $525.00 each |
Documents Subject to Hourly Billing:
| Trust Amendments |
| Consent agreements or Non Judicial Settlement Agreements |
| Self-Funded Special Needs Trusts |
| Other Tax Planning or Elder Law Trusts |
| Transferring assets to a Revocable Trust |
| Meetings outside of our office |
Consult experienced Pennsylvania, Delaware, Maryland, The Metropolitan Washington, D.C. area, and New Jersey estate planning attorneys who provide you with the full range of sophisticated services
Learn more from PA, DE, MD, The Metropolitan Washington, D.C. area, and NJ estate planning lawyers at McAndrews Law Offices at 610.648.9300 or contact us online to schedule an appointment.