When it comes to protecting your legacy and ensuring your wishes are honored, estate planning is essential. But one common concern people have is: How much does estate planning cost?
Estate planning costs can vary widely depending on the complexity of your plan, the attorney you choose, and their billing method. Understanding the billing options and what each covers will help you make the best choice for your needs — and your budget.
Fixed Fees vs. Hourly Fees: What’s the Difference?
Fixed-Fee Estate Planning
With a fixed fee, you pay one upfront price for the entire estate planning service or package. This means no surprises—just one clear, agreed-upon cost covering all the essential work.
Why Choose Fixed Fees?
Our firm specializes in offering transparent fixed-fee estate planning packages starting at $2,500. This allows you to plan your estate confidently, knowing the costs won’t escalate unexpectedly.
Hourly (Non-Fixed) Estate Planning
Alternatively, some attorneys charge by the hour. With this approach, you pay for the actual time the lawyer spends on your case.
What to Expect With Hourly Billing:
Hourly billing may be appropriate for complicated estates or when ongoing legal work, like trust funding or administration, is expected.
What Does an Estate Plan Include? And How Much Does It Cost?
Estate plans vary in complexity and features, which directly affects cost. Here’s a breakdown of typical components and their average fixed-fee cost ranges:
1. Basic Estate Planning
What it is:
This includes essential legal documents that ensure your wishes are followed if you become incapacitated or pass away.
Average Fixed Fee: $800 – $3,000 for individuals, $1,000 – $4,000 for couples.
Ideal if you want to cover the essentials and protect against incapacity without trust or complex arrangements.
2. Trust-Based Estate Plans
What it is:
Trusts are legal arrangements where assets are transferred to a trustee to manage on behalf of beneficiaries. Trusts can help avoid probate, provide control over when and how assets are distributed, and protect assets from creditors or taxes.
Average Fixed Fee: $3,500 – $8,000 depending on complexity and whether it’s for an individual or couple.
Trust plans may require some additional hourly fees for trust funding after drafting.
3. Complex & Taxable Estate Plans
What it is:
These plans serve clients with large estates that may be subject to federal or state estate taxes, involve complex family or charitable giving arrangements, or require sophisticated tax planning. They often include multiple trusts and specialized documents tailored to protect wealth and reduce tax burdens.
Average Fixed Fee: Starting at $12,000 plus hourly charges for trust funding and ongoing administration.
4. Special Needs Trusts
What it is:
Special needs trusts are designed to provide financial support to a beneficiary with disabilities without jeopardizing their eligibility for government assistance programs like Medicaid or Supplemental Security Income (SSI).
Why Fixed Fees Make Sense for Estate Planning
Families prefer fixed fees because they:
Our firm is proud to offer fixed-fee estate plans that cover everything from basic wills to advanced trusts. We work closely with you to ensure your plan matches your wishes and budget.
What’s Next? How to Get Started with Your Estate Plan
Contact Us Today for Transparent, Fixed-Fee Estate Planning
Don’t let uncertainty about costs delay protecting your legacy. With our fixed-fee estate plans, you get clear pricing, expert guidance, and peace of mind.
Reach out today to schedule your consultation and take the first step toward a secure future for you and your loved ones.