Unplanned Legacy Cost

The Hidden Cost of Not Having an Estate Plan

As an attorney, I frequently meet with individuals and families who come to my office seeking guidance on estate planning. Often, they say things like, “I need a will” or “I need a trust.” But after the consultation—or even before—it’s not uncommon for clients to be shocked by the price of a well-crafted estate plan. Some might even respond with, “I can do my will online,” or, “It’s just paperwork, why does it cost so much?”

However, a comprehensive estate plan requires more than just filling out forms. It involves careful attention to detail and thoughtful consideration to ensure that the plan will hold up in court if challenged. More importantly, a properly executed estate plan can save your family both time and money. Let’s take a closer look at the hidden costs of not having an estate plan.