Estate Planning Packages

While hourly rates are available, when creating an estate plan we work primarily on a project fee basis.  At the end of our initial consultation, after having learned the complexity of the situation and the scope of your estate planning needs, we will quote a flat fee. The fee will depend on the following factors:

  • the complexity of your situation (international aspects, family relationshishutterstock_372823975ps, nature and number of assets);
  • the number and complexity of the documents that will need to be created;
  • the amount of time required to prepare the documents;
  • the level of expertise required;
  • the level of risk we assume by representing you.

Please prepare our Estate Planning Worksheet prior to our initial consultation and upload it to your secure client portal, along with other relevant documents. This will allow us to maximize the efficiency of our meeting. We will ask targeted questions and offer you various solutions for your concerns. This will enable you to decide how to proceed.

At the first meeting, we will discuss the nature of the documents that need to be prepared and describe what we propose to do.

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All estate planning packages include the following:

  • Advice regarding the titling of assets and beneficiary designations;
  • A durable financial power of attorney for each spouse;
  • A medical power of attorney with living will provisions.

 

Depending on the complexity of your situation one of our three Estate Planning Packages will be the  best fit for you:

Basic International Estate Plan

$1500 for a single person, $2000 for a married couple

Best choice for whom? What is covered? What is included?
Persons with no minor children. Thorough analysis of your situation, with a special emphasis on international aspects.

Analysis of your goals and wishes, and the best ways of reaching them.

Tax optimization

Up to three meetings (not including the initial consultation or the signing)

Two rounds of revisions

Unlimited questions for two months after the signing.

Your Estate Planning Guide — a handbook authored by us with information on the various options available to you

Will(s) (no testamentary trust)

Financial Power of Attorney

Healthcare Power of Attorney

Advance Medical Directive

Review and advice regarding titling of assets

Review and advice regarding beneficiary designations on financial accounts

Advice regarding immigration status, if necessary

Your Estate Plan Explained — a booklet authored by us with explanations of all provisions in your estate plan

 

Average International Estate Plan

$4000 for a single person, $ 5500 for a married couple

Best choice for whom? What is covered? What is included?
Persons with minor children

Blended families

 

Thorough analysis of your situation, with special emphasis on international aspects.

Analysis of your goals and wishes, and the best ways of reaching them.

Tax optimization

Up to four meetings (not including the initial consultation or the signing)

Up to four rounds of revisions

Unlimited follow-up questions for four months after signing.

Your Estate Planning Guide — a handbook authored by us with information on the various options available to you

Will(s)

Draft new revocable trust(s) or testamentary trust(s)

Financial Power of Attorney

Advance Medical Directive

Healthcare Power of Attorney

Review and advice regarding titling of assets

Retitling of assets as needed

Review and advice regarding beneficiary designations on financial accounts

Advice regarding immigration status, if needed

Your Estate Plan Explained — a booklet authored by us with explanations of all provisions in your estate plan

 

Complex International Estate Plan

$6000-$10,000 for a single person, $7000-$12,000 for a married couple

Best choice for whom? What is covered? What is included?
Persons with ownership interests in businesses

Persons with existing revocable trusts

Persons with minor children

Blended families

 

Thorough analysis of your situation, with special emphasis on international aspects.

Analysis of your goals and wishes, and the best ways of reaching them.

Tax optimization

Up to six meetings (not including the initial consultation or the signing)

Up to six rounds of revisions

Unlimited follow-up questions for six months after signing.

Your Estate Planning Guide — a handbook authored by us with information on the various options available to you

Will(s)

Revised revocable trust(s)

Financial Power of Attorney

Healthcare Power of Attorney

Advance Medical Directive

Review and advice regarding titling of assets

Retitling of assets as needed

Review and advice regarding beneficiary designations on financial accounts

Advice regarding immigration status, if needed

Your Estate Plan Explained — a booklet authored by us with explanations of all provisions in your estate plan

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Should the scope of the work greatly change during the course of the representation, we will discuss and prepare a fee agreement to cover the additional work.

Custom estate plan quotes are available.

Note: The pricing for all documents covers the drafting and signing of the initial documents. Additional charges apply for any changes (codicils) or amendments made after the document has been signed.

Hourly Consultations

Regular consultations are available at our usual hourly rate.

Important Note:

We advise on:

  • US federal laws (for example federal tax laws, or immigration and citizenship), including their application to international clients or foreign assets.
  • The laws of the jurisdictions where we are licensed to practice law, currently Virginia, Maryland, the District of Columbia and Germany;
  • The succession-related laws of the European Union;
  • Relevant international conventions;
  • Bilateral treaties entered into by the United States and Germany.

For questions related to the laws of other jurisdictions where we are not licensed we work with competent local attorneys.