How Much Does an Estate Plan Cost? Understanding the Value of Comprehensive Estate Planning
- Jan 28, 2025
- 2 min read
How much does an estate plan cost?
This can really vary from attorney to attorney. Estate planning is one of those areas where you truly get what you pay for. An online DIY estate plan can cost as little as $20, but it can create a lot of headaches and heartaches for the people you love. You want to work with an attorney who drafts high-quality legal documents and considers your family, your assets, and your overall legacy.
A complete estate plan is not just about documents. It should be tailored to your life and long-term goals. You also want an attorney who stays in touch with you, because many law firms create a plan and then never follow up again. The problem is that your life, your family, your assets, and the law will all change over time. You need an attorney who reviews your estate plan regularly, ideally at least every three years.
I also recommend working with an attorney who charges a flat fee instead of an hourly rate. Hourly billing makes it hard to know the final cost and can make you hesitate to ask questions. With a flat fee, you know the cost in advance and can ask questions without worrying about extra charges. At our office, every estate plan is done on a flat fee basis, which gives clients clarity and peace of mind.
If you are comparing fees between attorneys, make sure you are comparing apples to apples. Some attorneys may charge less but do not properly coordinate how your assets are titled, which can create problems later. You also want to make sure your attorney will be available to update your plan when needed.
Over time, your family situation will change, your assets will change, and the law will also change. A strong estate plan should evolve with you.
A good estate plan also protects your legacy and ensures your wishes are carried out for the people you love. Estate planning is not just about passing on assets — it is about preserving who you are. At our office, we include a legacy video in every estate plan to help capture your story and values for your loved ones.
A complete estate plan should also include an asset inventory or schedule. This helps ensure that nothing you own is lost or left unclaimed. Without it, assets can end up with the state as unclaimed property.
In the end, an estate plan is more than just a will or trust. It is a complete plan that protects your family, your assets, and your legacy. If you have questions about what an estate plan should cost, give us a call. We are happy to walk you through the process.
