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Is creating an estate plan expensive?

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Creating an estate plan isn’t necessarily expensive. The price point generally varies based on complexity of the plan. So if a person has a lot of needs and wants and desires of what’s going to happen after he or she passes away that’s going to drive up the cost because we have to address these various complexities. Whereas, if the estate is rather simple we have few assets and they can be disposed of rather easily, the price is going to come down considerably.

Minneapolis estate planning attorney, Nicholas Kaster, discusses the factors that affect the cost of creating an estate plan. In general, the more assets, the more complexity. The more complexity, the higher the cost to prepare an estate plan.

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