I understand that estate planning is a significant investment, both financially and emotionally. Some clients are surprised by the cost of a living trust package, which I believe is on the lower end compared to typical fees in Illinois. I’d like to take a moment to explain what goes into this cost and why it’s a worthwhile investment for your peace of mind and your family’s future.
What Does a Living Trust Package Include?
Our comprehensive living trust package isn’t just about creating a single document. It includes:
- Living Trust: A detailed, legally-binding document that helps avoid the lengthy and costly probate process.
- Will: Ensures your wishes are respected and your assets are distributed as you desire.
- Deed: Properly transfers your real estate into the trust.
- Power of Attorney for Property: Designates someone to handle your financial matters if you are unable to do so.
- Power of Attorney for Healthcare: Appoints a trusted person to make medical decisions on your behalf.
- Living Will: Specifies your wishes regarding life-sustaining treatment.
- Nomination of Guardian for Children: If necessary.
- Personal Property Memorandum and Burial Instructions: Detailed instructions to ensure your wishes are followed.
- Trust Funding Assistance and Certificate of Trust: Guidance on how to properly fund your trust.
Why Does It Cost What It Does?
Creating a living trust is a complex process. Here are some reasons why my fees are set where they are:
- Personalized Service: Each client’s situation is unique, and I tailor my services to meet your specific needs, ensuring that all aspects of your estate are covered.
- Experience: With over 30 years of experience, I provide knowledgeable and reliable advice that cheaper, less experienced attorneys may not offer.
- Exclusive Attention: When you work with me, you work directly with ME. There are no receptionists, secretaries, paralegals, or associates. You get my personal phone number to call or text, and I am dedicated to returning messages promptly.
- Avoiding Future Costs: While the upfront cost may seem high, a well-prepared estate plan can save your family from costly probate fees and potential legal battles down the line.
Comparing Costs
In Illinois, the cost of a revocable living trust can range from $2,500 to $6,000 depending on complexity. In this world, then my pricing is very competitive. It’s important to understand that while some may offer lower fees, they might not provide the same level of thoroughness.
Helping You Understand Your Options
I believe in transparency and am here to help you understand the value of a well-crafted estate plan. If you have any questions about my services or need advice on estate planning, please don’t hesitate to reach out.
At The Stejkowski Law Firm, LLC, my goal is to provide you with peace of mind, knowing that your estate is in good hands. Thank you for trusting me with this important responsibility.
