Estate planning is the process of creating a plan for how your assets will be managed and distributed both during your life and after you pass away. It’s about more than just a will; estate planning is a complete strategy to ensure your financial and healthcare wishes are carried out and that you make things as easy as possible for your loved ones.

How much does estate planning cost?

The cost of estate planning can range from a few hundred dollars for online services to several thousand dollars for a complex plan created with an attorney. While it’s an upfront investment, a solid estate plan can save your family significantly more in potential court costs, legal fees, and stress down the road.

Estate planning is important because it ensures your final wishes are legally protected and makes a difficult time much easier for your family. While not everyone needs an estate plan, they can help your loved ones avoid the costly and public court process of probate, minimize potential taxes, and clearly state who will receive your assets and who will care for your minor children.

Can I do my own estate planning?

Yes, you can absolutely do your own, and online estate planning websites have made it easier and more affordable than ever, especially for straightforward situations. However, if you have a complex estate, own a business, or have complicated family dynamics, it’s often wise to consult with an attorney to ensure your plan is airtight.

It takes most people about 20 minutes to complete their trust and 15 minutes to complete their online will.

Do I need an attorney?

You do not need an attorney to create a legally binding trust, will, or nomination of a guardian. If you feel more comfortable speaking with an attorney, Trust & Will offers one year of unlimited attorney support for $200.

Trust & Will makes it easy to update your estate planning documents. Simply log in to your account and make any necessary changes. We suggest updating your plan after any major life event, or every three to five years.

Do you offer legal advice?

No. This offering is an online service that provides legal forms and information. None of the parties involved are law firms and are not a substitute for an attorney or law firm’s advice. We cannot provide any kind of advice, explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, selection of forms or strategies.