All tagged conservatorship

How much does a simple will cost?

The most common question that I get and that I see online in different forums where people can ask legal questions is, “How much does a simple will cost?” The answer to that is that there is no such thing as a simple will, at least at my office. We create plans that involve a variety of documents based on the client’s needs, and we plan for incapacity as well as death. Another way I could answer that question is to ask: “How much does a conservatorship cost?” or “How much does a probate costs?” or “What is the cost of doing things the wrong way?” These are all risks that you take by approaching estate planning with the attitude that your situation is simple and that your estate plan should be cheap. So if you ask yourself what the costs are of a conservatorship, probate, or worse, screwing up your plan, you’ll see that a “simple will” actually costs thousands of dollars, and maybe even your family’s well being and your own legacy.

Why do I need a Revocable Living Trust?

Everyone who has any assets (like a home or a retirement account or a business) has probably heard about Revocable Livings Trusts and wondered whether they need to set one up. At my office in Portland, Oregon, the main estate planning tool that I use to help my clients is a Revocable Living Trust. There are many reasons why so many of my clients choose to plan their estates with a Revocable Living Trust, rather than with a Will-based plan. Here are some of those reasons.