Estate Planning

Common Questions

Do I need a Will? Do I Need a Will? – Ramsey (ramseysolutions.com)

What Happens if I die w/o a Will? Dying w/o a Will Could Means You Lose Your Say Over Your Property and Who Takes Care of Your Minor Children. Here are the legal and personal ramifications of dying without a will (cnbc.com)

Should I do it myself? This can be a complex document, so it is best to at least consult with an estate planning attorney. But there are online services.7 Best Online Will Makers of 2024 – NerdWallet 

What Documents do I need? 9 Estate Planning Documents You MUST HAVE for Your Estate Plan in FL (stinsonlegal.com)

Should I tell my Children? How To Talk To Your Kids About Your Will | HuffPost Life

  • Average Cost of Estate Planning - $1,500 - $7,500
  • Cost of Dying w/o a Will [Probate] Court Filing, Attorney, & Personal Rep. Fees
  • Example: State of FL - [$500k Estate]- Probate Costs Approx. $15,000
People w/o a Will
of People Say They Don’t Have Enough to Make a Will
cited procrastination as the reason for not making a will.

The average cost of estate planning can vary widely, but here is a rough estimate based on general trends:

  1. Simple Wills: For straightforward estate plans, such as creating a basic will, you might find attorneys charging anywhere from $500 to $1,500.

  2. Comprehensive Estate Plans: If your estate plan involves additional elements like trusts, healthcare directives, and powers of attorney, the cost could range from $1,500 to $3,000 or more.

  3. Complex Estate Plans: For high-net-worth individuals with complex financial situations, extensive asset protection needs, or advanced tax planning requirements, the cost can exceed $3,000 and go significantly higher. Some complex plans may even be billed on an hourly basis.

Remember that these figures are general estimates, and actual costs can vary based on factors like the attorney’s experience, the complexity of your estate, and the specific services included in your plan. It’s advisable to consult with multiple estate planning attorneys in Florida to get personalized quotes based on your unique circumstances. Additionally, discussing fees and services with potential attorneys during initial consultations can provide clarity on costs associated with your specific needs.