Get Answers to Your Estate Planning Questions on Our FAQ Page

Need a quick answer to help your estate plans along? We have compiled a list of the most common questions people have on wills, asset distribution, tax laws, and other estate planning topics and provided the answers on our FAQ page. Browse or search for your topic today!

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My Loved One’s Will “Gives” Their House To Me. Why Do I Need To Probate Their Estate?

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A written Will is a person’s written instructions to the probate court about how they want their estate settled after they die. The Will still needs to be probated and receive the probate court’s “stamp of approval” however, before the house can be retitled into your name. You will not be able to sell the home until the home is legally titled into your name which is done through the probate process.

My Situation Is Simple. Why Should I Go To A Lawyer For My Estate Planning When I Can Just Use Legal Zoom Or Buy Forms At The Office Supply Store?

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You need to read Chapters 3 & 4 of my book, “Wise Women Protect their Assets”! Not all DIY forms and services are bad per se, but the forms you fill out on yourself won’t necessarily “jive” with the way you have the rest of your assets and affairs structured. Plus, what you DON’T know can hurt you (or your family more likely). Just as you wouldn’t try to put tubes in your kid’s ears yourself (unless you’re an ENT doctor of course!), you shouldn’t be attempting to establish your own estate plan for yourself either.

Category: Estate Planning

How Often Should I Review Or Update My Estate Plan?

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We suggest reviewing your plan again with your lawyer after every major life event or at least every three years.

Category: Estate Planning

How Much Do You Charge For Plan Updates?

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My Pink Lawyer® members are never charged for simple “word processing” updates (i.e. change of a name, termination age in a trust, address, changing executors, trustees, financial and health care agents, etc.). Beyond that, once we chat and we know what you’re wanting to change, we will quote you a flat fee in advance for the revisions. Again, never any surprises. If we do charge a fee for your revisions, it will be very reasonable if we prepared your plan that you are updating.

Category: Estate Planning

Do You Offer Free Estate Plan Reviews If My Plan Was Prepared By Another Lawyer?

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Yes. In that situation, we treat you a prospective new client just as if you were coming to us without any written planning.

Category: Estate Planning

How Do Your Fees Compare To Other Lawyers?

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Because of the high level of service and the comprehensiveness of the planning we offer our clients, I can safely say that we are not the cheapest kids on the block. That said, many lawyers who claim to offer “Wills & Trust” services actually are not estate planning lawyers at all, but criminal defense, personal injury, or family law lawyers who see estate planning as an “easy add on” to their practice.  My Pink Lawyer® is also not a “trust mill” law firm that churns out a high volume of living trusts to multiple clients each month. Those firms tend to recommend living trusts to every person and have their staff prepare the documents, rather than an attorney.

On the other hand, we don’t charge big firm high rise prices (which are typically billed hourly, by the way). With flat fees quoted in advance, you will never have any surprises.

At My Pink Lawyer® we offer concierge style estate planning. Each plan is custom designed for each client by a lawyer (not staff) and our office is there for you and your family even after your plan has been initially created. We will stay in touch (with your permission of course) to ensure your plan stays current with your changing life circumstances. We don’t know of any other estate planning lawyers that offer the same level of consistent, friendly, thorough, and ongoing service that we at My Pink Lawyer® offer our clients.

Category: Estate Planning

When Are My Fees Due?

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Most clients prefer to pay the fees upfront and be done with it. We do require at least ½ of the fees paid in advance before we get started on your planning. If necessary, we can work out a payment plan, but all fees will need to be paid prior to finalizing your plan.

Category: Estate Planning

What Forms Of Payment Do You Accept?

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We joke that we accept cash, check, charge, or your first born child! If you prefer to pay by credit card, please note that our credit card processing company does charge a 3.7% fee to the card holder on the amount being charged.

Category: Estate Planning

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