ESTATE PLANNING
FLAT FEE GUIDELINES & PACKAGES

Estate planning at WLF is not one size fits all for everyone. We customize "a plan for every family." We have A La Carte estate planning and we offer multiple levels of planning packages to suit your varying needs.  Our firm believes in personalized service for each and every client. Our approach is educational and proactive – we first determine each client’s individual needs, desires and values, and then tailor their plan to best fulfill their dreams.

 

If you qualify for one of our Family Affairs Packages,™ this is the “plan” WLF was founded to provide. We bundle a family, financial, and estate plan in a done-for-you custom Family Affairs Legal Manual that not only will protect your assets and provide for your loved ones, but will give you peace of mind that you have everything in place for all those what-if moments. The Family Affairs Legal Manual will be provided in a beautiful archival quality linen binder/box to hold your originals, on a flash drive and in a secure client portal so you can access it directly from an app on your phone.  In addition, you will be entitled to a Trusted Advisor Plan for life - advisors that are intimately familiar with your family and will meet with you to ensure you are protected for life.

Legal Research and Writing

FAMILY PLAN SESSION
 

2 Hour Session with Estate Plan Design Summary

Each Family that works with WLF begins with a session to review your family history, member, goals, assets, and issues. We provide an overview of your options and counsel you regarding fiduciary, beneficiary, and management options during the Session. After the Session we draft and send you a detailed Estate Plan Design Summary for your review. The cost is applied in full towards any estate plan element(s) you move forward with.

Fee:

$950

Court

LAST WILL & TESTAMENT
 

With Testamentary Trust

Public document filed in Probate Court upon death that names fiduciary to oversee the transition of assets to beneficiaries with the protection of an on-going trust to help avoid estate taxes, delay distribution time period, and attach asset protection for surviving spouse and children

Fee:

$1450

Signature

BASIC ESTATE PLAN
 

Will-Based Package

Last Will & Testament, Power of Attorney & Health Care Directive Package. Asset Analysis and Recommendations included in a Family Affairs Legal Manual. Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$1950+

College Friends

COLLEGE STUDENT PROTECTION PLAN

Package

Power of Attorney, Health Care Proxy with HIPAA Release, and Advance Directive. Discounts for multiple children completing planning in same session.

Fee:

$750 Per Child

Courthouse

FAMILY AFFAIRS PACKAGE
 

Will-Based Package

Last Will & Testament (with Testamentary Trust), Power of Attorney, Health Care Directive Package, Asset Analysis and Recommendations, Family Affairs Legal Manual with Index and In-House Counsel Plan (Trusted Advisor Sessions every 3 years and client counseling). Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$3500+

Sign the Lease

FAMILY PLAN SESSION with ESTATE PLAN REVIEW

2 Hour Session with Estate Plan Analysis and Estate Plan Design Summary

If you have any current planning in place we review it ahead of the Family Plan Session and prepare an Estate Plan Analysis. This allows us to focus on what amendments, edits, and recommendations we would advise to make the most productive use of your time. We understand that you have invested in your current plan, but if we did not draft that plan it takes a bigger investment of our time to figure out what the current plan does (or does not do) so that we can give the best advice.

Fee:

$1450

Dollars

POWER OF ATTORNEY
 

Financial Directive

Document that grants another person the authority to handle your finances on your behalf if you are unable to do so. Primarily used for convenience, incapacity and may help to avoid expensive adult guardianship procedures.

Fee:

$750

Insurance Agent

LIFE INSURANCE TRUST
 

Package

Specialized Life Insurance Trust, Funding Letters and EIN. Commonly known as an "ILIT" and used to "gift" life insurance death benefit to a Trust with your named beneficiaries (rather than a simple beneficiary designation with the life insurance company) to exclude the value of the life insurance death benefit from your net worth for estate tax purposes. The "death benefit" will then pass to your beneficiaries income and estate tax free. Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$2500+

Suburban House

REAL ESTATE TRUST
 

Package

Real Estate Trust, Certification of Trust, Deed and Homestead Declaration (MA). Specialized Trust to hold real property and designate individual, group, or trust beneficiary to avoid probate court process. Electronic recording available at fee set by Clerk/Registry of Deeds. 

Package fees vary for individuals and couples, leve of complexity, and chosen features.

Fee:

$2500+

Young Businesswoman

FAMILY AFFAIRS PACKAGE
 

Trust-Based Package

Revocable Living Trust(s), Trust Certification and ancillary Trust Funding documents and assistance, Pour-Over Will(s), Child Protection Plan (Minor & >18), Power(s) of Attorney, Health Care Directives, Family Affairs Legal Manual with Index, Paper and Digital Plan (flash drive and secure client portal), and In-House Counsel Plan (Trusted Advisor Sessions every 3 years and client counsel).

Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$5000+

Court

LAST WILL & TESTAMENT
 

Simple

Public document filed in Probate Court upon death that names fiduciary to oversee the transition of assets to beneficiaries and minor children to guardians.

Fee:

$950

START NOW
Chart & Stethoscope

HEALTH CARE DIRECTIVES
 

Package

Health Care Proxy, HIPAA Release, Advance Directive, & Final Disposition Authorization & Instructions. Documents grant another person the authority to make healthcare decisions on your behalf if you are unable to do so, allows them to review confidential medical records to make the best-informed decision, and make decisions based on your wishes.

Fee:

$750

Children Playing Tug of War

CHILD PROTECTION PLAN
 

Package

Nomination(s) of Guardian, Temporary Designation of Guardian, Minor Child Power of Attorney, Minor Child Health Care Proxy, Confidential Exclusion of Guardian (if necessary), Caregiver Instructions, Guardian Instructions, and Emergency Guardian Card(s).

Fee:

$500+

Textile Folds

IRREVOCABLE GIFT TRUST
 

Package

Irrevocable Trust and EIN. Trust set-up to "give away" assets for a variety of reasons; to lower net worth for estate taxes or asset protection for yourself or others. Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$2500+

Business Team Research

FAMILY AFFAIRS PACKAGE
 

Trust-Based Package with Funding Assistance

Trust-Based Package with additional Trusted Advisor Session and hours allocated to speak to financial advisors, agents and fill out forms to ensure fully funded Trust(s). Package fees vary for individuals and couples, level of complexity, and chosen features.

Fee:

$6000+