Regardless of your stage in life, if you don’t have an estate plan in place, we recommend getting a Core Legal Plan customized for you as a starting point for ongoing planning. These plans include either a Revocable Trust and/or a Will, Durable Power of Attorney for Finances, Health Care Directive, Health Care Power of Attorney, Medical Release Authorization, and other documents that our attorneys determine fit your needs.
A revocable trust allows you to own your assets and distribute them as you see fit in the event of your death. Since it’s revocable, you can change your asset distribution at any time during your life to meet your needs and fulfill your wishes. Assets owned in a Revocable trust can also avoid probate, the costly and time consuming court process overseeing an incapacitated or deceased persons affairs.
Your last will and testament distributes your assets to your named beneficiaries upon your death. It also states how you’d like your minor children to be cared for, among other things.
A medical directive keeps your family and health care providers informed, so they can make medical decisions on your behalf if you cannot do so. These directives are necessary for adults over age 18 who’d like a say in their care if they become incapacitated.
A healthcare power of attorney allows you to appoint someone to make medical decisions on your behalf if you become unable to do so.
When you have a durable power of attorney, you can appoint someone to act on your behalf. This person can use the power of attorney to pay your bills and manage your finances, among other tasks.
A medical release permits healthcare professionals to share your medical information with appointed persons, such as your family members. This release is essential if you are incapacitated and need family members to make decisions about your care.
Plans starting at $750
Inkwell attorneys use a collaborative process to incorporate legal techniques to create the right plan for you and your family. The final fixed fee price depends on the level of planning developed in the design session, with more straightforward plans requiring a lesser fee and more complex plans (that often provide your beneficiaries with greater protections) requiring a greater fee. Therefore, the final fixed fee corresponding to your legal plan varies based on many factors. Some of which include:
Inkwell never charges any fees associated with charitable planning incorporated into clients’ plans. Inkwell encourages clients to consider leaving a lasting memorial in the form of a charitable gift in their planning and never charges additional fees for clients wishing to do so.
Additionally, Inkwell will provide the following services at no additional fee for clients enrolled in Inkwell’s maintenance program:
Click here to learn more about Inkwell’s Maintenance Program.
You never know what may happen in life, so it’s best to be prepared. Inkwell’s core legal planning services help you prepare for the unexpected and keep your affairs in order. Connect with us today to begin creating your core legal plan and managing your assets in an organized way. We have the resources and expertise to give you the legal guidance you need at a price you can afford.