Revocable Living Trust Package
$3,500 Married Couple
A Revocable Living Trust Package includes the following:
A Revocable Living Trust
A Pour-Over Will
A Durable Power of Attorney
An Advance Health Care Directive
One Real Property Trust Transfer Deed, $300 for each additional deed
Letter to the County Tax Assessor's Office to ensure the property is not reassessed
Free Trust Amendment within One Year of Execution
Ongoing instructions on how to transfer assets to the Trust and how to operate the Trust for five years after Execution
$325 per hour
Probate attorney fees are determined by California Probate Code Section 10810. My fees for probate are billed by the hour at a rate of $325 per hour. If the fees reach the statutory amount, then the fees are capped at the statutory fee provided below. This provides a huge benefit by allowing more wealth to pass on to the next generation.
"California Probate Code Section 10810
(a) Subject to the provisions of this part, for ordinary services the attorney for the personal representative shall receive compensation based on the value of the estate accounted for by the personal representative, as follows:
(1) Four percent on the first one hundred thousand dollars ($100,000).
(2) Three percent on the next one hundred thousand dollars ($100,000).
(3) Two percent on the next eight hundred thousand dollars ($800,000).
(4) One percent on the next nine million dollars ($9,000,000).
(5) One-half of 1 percent on the next fifteen million dollars ($15,000,000).
(6) For all amounts above twenty-five million dollars ($25,000,000), a reasonable amount to be determined by the court.
(b) For the purposes of this section, the value of the estate accounted for by the personal representative is the total amount of the appraisal of property in the inventory, plus gains over the appraisal value on sales, plus receipts, less losses from the appraisal value on sales, without reference to encumbrances or other obligations on estate property."
Trust Administration and Business Planning
$325 per hour
Many firms charge for trust administration based on the size of the estate. I charge by the hour, regardless of the size of the estate. This offers a more fair and reasonable fee for the client.
The Trust Administration fee and Business Planning fee is $325 per hour.