Estate Planning Packages in Vancouver, WA
Simple Will
INDIVIDUAL - $1200
COUPLE - $1500
How you organize your asset distribution and inheritance is a process that’s uniquely yours. After all, we each own different types of property and have varying ways that we want it distributed among our loved ones after our passing. This is why Vancouver Wills and Trusts offers a series of estate planning packages for those in the Vancouver, WA, area. As affordable trust attorneys, we pride ourselves on providing thorough, personalized service for any organizational need when it comes to your wills or trusts. Here are some of our top packages and prices to consider.
A SIMPLE WILL, DURABLE POWER OF ATTORNEY, AND HEALTH CARE DIRECTIVE
A popular option because it’s fast, easy and inexpensive. After your passing, A Will distributes your estate according to your wishes through a filing of a Probate. A Will also appoints a personal representative to handle your estate, reducing the likelihood of a dispute. Additionally, a Will can appoint a Guardian for your minor children.
What’s Included When Filing for Affordable Living Trusts:
A Simple Will
Two Durable Power of Attorneys (Healthcare and Financial)
Health Care Directive
Community Property Agreement
Revocable Living Trust
INDIVIDUAL - $2500
COUPLE - $3000
A Revocable Living Trust allows your beneficiaries to receive your estate without the need of filing probate. This is appealing to many because it avoids the hassle and expense of filing a Petition for Probate and going to court. A Revocable Living Trust also keeps your estate private and out of public record. This is a popular option because administering a Revocable Living Trust is much faster and easier for everyone than going through a Probate proceeding. This option is less expensive than the Probate process. It handles your estate privately and without court interference.
What’s Included:
A Revocable Living Trust
Certification of Trust
A Pour Over Will
A Durable Power of Attorney (Healthcare and Financial)
Asset Transfer Documents
Health Care Directive
General Assignment of Interest
Community Property Agreement
Real Estate Documents
Bill of Transfer and Notice of Assignment
Irrevocable Trust
Pricing Varies, Let’s Talk
An Irrevocable Trust is another type of affordable living trust we offer. It’s created by the Grantor (person funding the Trust – also known as a Trustor) making it impossible to “revoke” the trust and bring the assets back into his or her name. This permanent status differs from a Revocable Trust, designed specifically for being withdrawn at any time. Once the Grantor gives an asset to the Irrevocable Trust, the asset belongs to the trust. An Irrevocable Trust is a good option for those in need of more advanced Asset Protection and Estate Planning. If properly drafted a person can give assets to an Irrevocable Trust and his future creditors cannot take that asset. The Grantor no longer owns the asset; the Trust owns the asset.
Burial Trust
$550
A Funeral Trust or Burial Trust is an arrangement entered into with a provider of funeral or burial services. Prepaying funeral expenses may allow you to “lock in” costs for future funeral or burial services at an agreed-upon price. Contact our affordable trust attorneys for additional information.
Small Estate Affidavit
$550
If the value of the decedent’s (person who passed away) entire estate subject to probate, not including the surviving spouse’s community property interest in any assets which are subject to probate in the decedent’s estate, wherever located, less liens and encumbrances, does not exceed $100,000 a Small Estate Affidavit may be available as a quick and straightforward way to claim their estate – typically a bank account. A Small Estate Affidavit is not available if the decedent has any real property or an estate that exceeds $100,000.
Durable Power of Attorney (DPOA)
$550
A Power of Attorney is one of the crucial Estate Planning documents. It helps make sure you have a reliable team ready to step in if you are ever unable to care for yourself.
Health Care Directive
$550
A Healthcare Directive, also known as a Washington Advance Directive, is a document which is drafted while you’re well that protects your rights to refuse or request future medical treatments. A Health Care Directive is important in the event your health declines and you lose the ability to make decisions yourself. It directs end-of-life decisions when you cannot give directions yourself.
For more information about our estate planning packages in Vancouver, WA, including respective prices, reach out to us today!