Comprehensive Estate Planning Legal Services
At Bay Legal, we specialize in creating personalized estate planning solutions to secure your legacy and protect what matters most. Whether you're crafting your first estate plan or updating an existing one, our experienced team tailors every plan to your unique goals, personal circumstances, and financial situation.
An effective estate plan is not just about preparing for the future—it's about providing peace of mind for you and your loved ones. For families with children, property, or significant assets, estate planning is essential to:
- Ensure your wishes are followed regarding the distribution of your assets.
- Appoint guardians for your children.
- Minimize taxes and expenses for your beneficiaries.
- Avoid the costly and time-consuming probate process.
A poorly prepared estate plan can lead to unnecessary expenses, legal complications, and emotional distress during an already challenging time. Our goal is to provide you with efficient, professional guidance to achieve your legal objectives and safeguard your family's future.
Tiered Estate Planning Packages
At Bay Legal, we understand that every client's estate planning needs are unique. To provide tailored solutions, we offer tiered estate planning packages that address a variety of goals, complexities, and financial profiles.
1. Essential Plan – $3,500
Ideal for individuals creating their first estate plan or couples with straightforward needs.
Includes:
- Revocable living trust (individual or Pot Trust).
- Will (for individuals or couples) to transfer overlooked assets to the trust.
- Financial power of attorney for managing financial affairs if incapacitated.
- Advanced healthcare directive for medical decision-making.
- Guidance for initial funding of the trust with appropriate assets.
2. Comprehensive Plan – $6,500
Designed for individuals or couples with more complex estates, this package adds additional strategies for protecting assets and addressing charitable goals.
Includes:
- Joint trust with a survivor's trust structure to address spousal survivorship.
- Additional trusts, such as special needs or supplemental needs trusts, as required.
- Charitable giving strategies for maximizing impact and minimizing tax obligations.
- Advanced asset protection strategies, including guidance on real estate and business interests.
- Full support for funding your trust, including transferring California properties.
Why Choose a Tiered Plan?
Our tiered packages offer flexibility and value, ensuring every client can access the level of estate planning they need:
- Transparency: Clear pricing for predictable costs.
- Tailored Solutions: Plans designed to match your goals, assets, and family dynamics.
- Scalability: Easily transition to more comprehensive plans as your needs evolve.
Annual Subscription for Trust Updates
For clients who want ongoing flexibility and peace of mind, we offer an Annual Subscription Plan that allows for updates to your trust and other core estate planning documents at no additional cost.
Subscription Pricing:
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$895/year: Annual subscription fee for unlimited updates to your core estate planning documents.
- Includes unlimited revisions to the following:
- Trust
- Will
- Financial Power of Attorney
- Advanced Healthcare Directive
- Includes unlimited revisions to the following:
Introductory Offer for New Clients:
- New estate planning clients receive the first year of the subscription free when they purchase a new estate plan.
This subscription ensures your estate plan remains up to date, reflecting changes in family dynamics, relationships, or legal requirements, all while avoiding additional costs for individual updates.
What's Included in a Standard Estate Plan?
Your estate plan will be customized to reflect your unique wishes and circumstances. Most plans include the following core documents:
- Trust: A financial “bucket” for your assets, ensuring they are managed and distributed according to your wishes.
- Will: Names guardians for your children and ensures any overlooked assets are transferred to your trust.
- Financial Power of Attorney: Appoints someone to handle financial matters if you become unable to do so.
- Advanced Healthcare Directive: Assigns a trusted individual to make healthcare decisions on your behalf if needed.
We also assist with the final step of funding your trust, ensuring all appropriate assets are transferred to it and advising on any remaining transfers.
Estate Planning Updates and Changes
Life evolves, and your estate plan should too. Changes in family dynamics, relationships, or federal and state laws can impact the effectiveness of your plan. To ensure your documents continue to reflect your current wishes and circumstances, periodic reviews are essential.
Updating an Estate Plan
We charge $550 per hour for updates or modifications, which can include:
- Adding new assets to your trust.
- Adjusting for changes in family structure, such as marriages, divorces, or births.
- Ensuring compliance with new laws or regulations.
An up-to-date estate plan provides the security and benefits you intended for your loved ones. Whether it's small adjustments or comprehensive revisions, we're here to keep your plan effective and relevant.
Why Choose the Annual Subscription?
Life evolves, and so should your estate plan. With the annual subscription, you can:
- Stay current with life changes without incurring additional fees.
- Ensure your documents reflect the latest legal standards and personal wishes.
- Save on the cost of individual updates over time.
Secure Your Legacy Today
Don't leave your family's future to chance. Partner with Bay Legal to establish a comprehensive estate plan that brings peace of mind and ensures your wishes are honored.
📞 Contact us to schedule a consultation or learn more about our estate planning services.
🌐 Visit us online at www.BayLegal.com
Your peace of mind is just a plan away.