How Much Do You Charge for a Will?
If you came to this page to find out what we’ll charge you for a Will or you are considering calling us (or any other attorney) to ask, “How much do you charge for a will?” Stop.
It’s not the right question.
The question you need to answer first is “What do I really need to have in place to ensure that me, my family, and money are cared for the way I want?”
Far too many people make their estate planning decisions based on what it’s going to cost. Sometimes, that may be the right criteria. Most of the time it’s not.
The problem is you don’t know what you don’t know.
When you get on the internet to download a cheap will or fill out scanned documents from a book or DIY kit from the office supply store, you don’t know what you are actually putting into place or setting in motion.
When tragedy strikes, it’s your family who is left holding the bag.
Failed plans lead to unnecessary and expensive public probate, loss of sovereignty, legal fees for guardianships and conservatorships, and family conflict.
When you hire us, you’re not paying for documents.
You are hiring us for our guidance throughout your lifetime and to be there for your loved ones when you can’t be.
When you hire us, you are not renting our time, but our brains and our hearts. You are hiring an ally who will help you get your affairs in order and keep them in order through time, changes in the law, tax policies and your life.
When you call us and ask, “How much for a Will/Trust?” we can’t give you an answer because we don’t even know if that’s what you need.
Maybe a Will or Trust would suffice for your family, but maybe it won’t and if we tell you how much a Will costs and then you come into our office and you need so much more, you’ll be angry with us.
So we won’t answer your question, because we don’t charge for Wills. We charge for advice, guidance, counsel and support. The Will? It’s free.
Our process begins with a Family Wealth Planning Session. Before this Session, you will receive a package of information with an online questionnaire for you to complete so you can benefit from the time with us the most.
Whether we ever write a Will (or any other documents) for you or not, we want every interaction of ours to be extremely valuable to you.
To that end, we’ll review the questionnaire you complete before we meet. And then we’ll invest our time together exploring your life, looking at what would happen to you, your children, your money, and the people you love if anything happens to you. We’ll also look at your current tax & financial strategies and discuss how to best coordinate with your estate plan.
You will feel cared for, heard, informed, educated, and empowered to make the best decisions for the people and things that matter most in your life.
If, after we spend that time together, it turns out you need a Will or Trust (or any other type of legal, financial or tax planning), it will be because we came to that conclusion together.
Then, we will offer you planning packages that cover the different options for taking care of things the way you want.
We can tell you this – most of our foundational plans range between $1,500 and $6,000. Your package will be customized to the specific needs of your family. And you will stay in control the whole time.
How do you choose a lawyer, if not based on price?
Get referrals from your friends and family. When you call the office to inquire about their services, rather than asking what they charge, ask HOW they charge and what makes their office different than others.
See who stands out in your area. Is there a lawyer who is frequently seen around your community? That lawyer means business and is putting their reputation on the line every day. Give them a try.
Get connected. When you find the right lawyer, he or she will be a member of your team for the long term, not for just this one transaction. Your lawyer should be approachable and not only want to be in a long-term relationship with you, but have systems and a team to support that.
We have written a report on the common mistakes we see families and business owners making when choosing a lawyer for their loved ones. You can get it for free here.
Please read it.
Simply asking, “What do you charge for a Will?” does not get you what you need to know to make a smart and loving decision for your family.
A far more powerful question to begin with is “What do I need to do to make things as easy for my family as possible if something happens to me?”
This article is a service of the Quraishi Law Firm. We help families and small business owners protect their loved ones, minimize taxes, and build their wealth… all while creating a lasting legacy. That’s why we offer a Family Wealth Planning Session,™ during which you will learn how integrated financial, legal and life planning can help you make all the best choices for the people you love while growing and protecting your wealth.
You can begin by calling our office today to schedule a Family Wealth Planning Session and mention this article to find out how to get this $750 session at no charge. We have offices in Arkansas, Texas and Tennessee, but work with clients all over the country.
Call us at 972-292-7675 or 870-275-4304 or schedule online today!