Estate Planning Packages in Vancouver, WA
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.
Very Simple Will
Individual - $700
Couple - $1000
Very simple will with limited options. Specific gifts of real property and intangibles not available, and beneficiary must be spouse or children by right of representation. Does not include additional documents. Client will meet with Legal Assistant or Paralegal and will not receive legal advice. A very simple will also allows an appointment of Guardian for minor children.
What’s Included:
A Simple Will
Will Package
Individual - $1500*
Couple - $2000*
*Will with Testamentary Trust, add $300.
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:
A Simple Will
Two Durable Power of Attorneys (Healthcare and Financial)
Health Care Directive
Community Property Agreement
HIPAA Release
Revocable Living Trust
WITHOUT estate tax considerations (assets under 2.193 million):
Individual - $3000
Couple - $4000
WITH estate tax considerations (assets above 2.193 million):
Individual - $4000
Couple - $5000
We do not serve clients with over 10 million in assets, but will happily give you a referral.
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 and administering a Probate. 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
Two Durable Power of Attorneys (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
Supplemental Needs Trust (SNT)
First or Third Party - $1700
Both First and Third Party - $2200
A Supplemental Needs Trust may be created for a beneficiary with a qualifying disability as defined by the Social Security Administration. A First Party SNT is created for oneself and a Third Party is created for another individual.
Medicaid Asset Protections Trust and other Irrevocable Trusts
Pricing Varies, Let’s Talk
An Irrevocable Trust is another type of affordable trust we offer. Once created, the Grantor may not amend or revoke the trust. This permanent status differs from a Revocable Living Trust, designed specifically for being withdrawn at any time. Once an asset is placed in a Irrevocable Trust, the asset belongs to the trust, not the Grantor. An Irrevocable Trust is a good option for those in need of more advanced Asset Protection and Estate Planning. If properly drafted an Irrevocable Trust can assist in Medicaid eligibility, or shelter assets from future creditors.
Single Durable Power of Attorney (DPOA) Document
$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. We can create either a financial or healthcare Power of Attorney based on your needs.
Single Health Care Directive Document
$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.
Power of Attorney Package
Individual - $700
Couple - $1250
The Power of Attorney Package includes:
Two Durable Power of Attorneys (Healthcare and Financial)
Health Care Directive
HIPAA Release
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.