Picture of grandparent who is curious about the 10 benefits of estate planning.

If you were to pass away suddenly, how would your family survive financially?

It’s not something that we like to think about, but a poorly structured estate could leave your assets (and by association, your loved ones and dependents) tied up in legal red tape in the event of your death.

Estate Planning Basics

What is Estate Planning?

Simply put, estate planning is the process of planning ahead for your death or disability.  It includes instructions for who is to receive your property after you pass away, what they will receive, as well as when they will receive it. Good estate planning also takes into account the possibility that you will become seriously ill or injured and will need someone else to manage your affairs.  Regardless of the circumstances, the goal of estate planning is to make it as easy as possible on your family to deal with your death, injury, or illness.

What Does Estate Planning Include?

The first document in every estate plan is the Last Will and Testament. This is the legal document that controls how your property is distributed. It can also be used to nominate a guardian for your minor children, if you have any. An estate plan should also include a financial power of attorney and a healthcare power of attorney. These are documents that appoint someone to make financial and medical decisions on your behalf if you are unable. Many estate plans also include a living trust, which we generally recommend if you own real estate, have multiple beneficiaries, or you want to prevent your heirs from squandering their inheritance.

How Much Does Estate Planning Cost?

The cost of estate planning depends on the complexity of your estate. At Cross Law, we generally charge a flat fee for estate planning services. We believe this is the best pricing model because it allows you, the consumer, to budget and plan accordingly for payment of your attorney’s fees. Hourly rates, on the other hand, can lead to unexpected bills that are far more than originally estimated. With a flat rate, the risk of going over the original estimate is on the attorney — not you.

We typically charge $600-$800 for a simple will package and $1,500 – $2,200 for a living trust package. We recognize that it can be difficult to pay attorney’s fees all at once, so we offer payment plans to help make estate planning affordable for everyone.

Gavel in set aside proceeding

Still Not Convinced?

We know that talking about estate planning is a big deal for most people and, understandably, you may be reluctant to start making any preparations.

If you are interested in learning more, perhaps you’d like to schedule a free consultation with our attorney. Each consultation is designed to give you all of the information you need to make an informed decision about your estate planning needs. There is no obligation and we never use high pressure sales tactics.

We want you to be confident about the level of estate planning you decide to establish for your family. Call (775) 376-7306 or click below to set up a free consultation.

We understand your unique circumstances and can help establish an estate plan that’s right for you. Start planning your estate today.

Have questions? Ready to schedule an appointment?

To ask a question or to schedule your FREE initial consultation, simply complete and submit this form and we’ll get back to you within 24 hours.

For your convenience we are happy to arrange meeting times after hours as well.

611 Sierra Rose Drive, Suite A, Reno, Nevada, 89511

 775.376.7306

 775.490.1436

  [email protected]