Approximate
Fees
Naturally, clients want to know how much they will be charged if
they proceed with an estate planning, elder law or real estate matter.
The initial consultation is free (1/2 hour). If you decide not to
proceed, there is no charge. I believe that fees should not be a huge
mystery, and therefore I am providing a general idea of typical fees
below. The fees may be higher or
lower depending on complexity, funding and other factors. We
accept Visa and Mastercard.
For all work, a 1/2 deposit is requested upon
beginning the work and the balance is requested upon signing the
documents.
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Estate Planning |
Fees
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Single Living Trust for Single, Divorced, widowed
person-
includes power of attorneys for property, pour-over
will, trust binder, funding information, one deed to real estate,
living will, (“Funding” assistance is included, but there may be
extra charge depending on number of funding actions)
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$800.00
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Joint (1) Living Trust for Married Couple with
Assets under $1 million
- includes pour over wills, power
of attorneys for property, trust binder, funding information, one
deed to real estate, living will,
(“Funding” assistance is included, but there may be
extra charge depending on number of funding actions)
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$900.00
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Two living trusts for Married Couple with assets over $1
million
includes pour over wills, power of attorneys for
property, trust binder, funding information, one deed to real
estate, living will,
(“Funding” assistance is included, but there may be
extra charge depending on number of funding actions)
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$1700.00
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Irrevocable Trust
(used for life insurance or
for medicaid purposes)
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$1400.00
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Medicaid Asset Protection Plan-
Includes all trusts needed (testamentary trust, living trust or
Medicaid income only trusts needed to implement the plan,
calculating gifting amounts and half a loaf amounts,
determining exempt assets, deeds to real estate for
creating life estate, eligibility plan, recommendations for care.
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$1500.00
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Medicaid Consultation-
Includes 1 hour meeting to
analyze assets, income and care alternatives
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$180.00
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Wills for married couple
(creates testamentary trust for children) with power of
attorneys for property, power of attorneys for health care and
living will
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$300.00
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Will for single person, divorced or widowed
person
includes power of attorney for property, power of attorney
for health care and living will
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$200.00
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Real Estate |
Fees
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Sale or Purchase of Home thru Real Estate Agent
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$400.00
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By Owner Sale or Purchase
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$500.00
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Prepare Deed (does not included recording
fee)
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$80.00
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1031 Real Estate Exchange Trust-
used to sell investment property and avoid capital gains
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$750.00
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Business Formation |
Fees
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Incorporate as C corporation or S
corporation;
includes articles or incorporation; S election; FEIN application.
Memos of directors and shareholders; corporate book and stock
certificates; bylaws
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$600 (plus $250 filing fee*)
(*Illinois
Secretary of State’s office is very slow and takes almost 6 weeks
to process a new entity—we use a filing service in Springfield
that can incorporate in a day or two. This increases the cost, but
speeds up the process.)
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Establish LLC (Limited Liability Co.)
Includes preparing articles of organization;
prepare operating agreement; obtaining FEIN
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$700 (plus $600 filing fee*)
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(Notice- All fees may change without notice and may
be different that stated above due to complexity of the specific
matter or time involved. The purpose of this fee schedule is to
give a general idea of flat fees for various services.)
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