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Started By
Message
OT Lawyers: How Much for a Last Will and Testament?
Posted on 8/16/18 at 2:43 pm
Posted on 8/16/18 at 2:43 pm
As I’ve grown older and begin to face my own mortality, I realize it would be prudent to have a last will and testament. What is a reasonable cost to have this done? It won’t be anything fancy. Everything will be left to the wife (no pics). If we kick the bucket at the same time, everything divided between the kids equally with my sister (no pics) as executor/trustee until the kids reach 21 or a bit older. That’s about it.
This post was edited on 8/16/18 at 2:44 pm
20
Posted on 8/16/18 at 2:43 pm to TheFonz
Bout Tree Fiddy
Posted on 8/16/18 at 2:44 pm to TheFonz
Depends on number of billed hours.
But prolly bout tree fiddy per hour
But prolly bout tree fiddy per hour
Posted on 8/16/18 at 2:44 pm to rowbear1922
quote:one of the few times this has actually been relevant
Bout Tree Fiddy
Posted on 8/16/18 at 2:44 pm to rowbear1922
quote:
Bout Tree Fiddy
Finally a time when this might be the right answer.
Posted on 8/16/18 at 2:45 pm to TheFonz
We recently did the whole living will, power of atrorney, etc paperwork.
It was about $900
It was about $900
Posted on 8/16/18 at 2:45 pm to rowbear1922
quote:
Bout Tree Fiddy
I should have known.
Posted on 8/16/18 at 2:46 pm to TheFonz
Serous answer, my dad charges,$150-200 if it's a standard will without anything complicated. This is a small town so it will likely be a bit more elsewhere.
Posted on 8/16/18 at 2:50 pm to Jim Rockford
Around $1,000
Posted on 8/16/18 at 2:59 pm to TheFonz
Save your money and do one of the many online wills. With just a little investigating you'll find that many will stand up in the wacked out Louisiana laws designed to steal you children's or loved ones inheritance, but make sure you hand sign and date it and in the opening sentences make sure it states you sign this will being of sound mind and this will renders any previous wills nul and void.
Really a lot of sites have it set up where you just fill in the blanks and it fills in all the state required jargon.
Really a lot of sites have it set up where you just fill in the blanks and it fills in all the state required jargon.
Posted on 8/16/18 at 3:00 pm to TheFonz
If it's simple, you probably don't actually need one in La. Especially if you just have the wife and no kids. If you're worried about it, you can write one in your own handwriting (the whole thing in your hand-writing), sign and date it (make sure to do day, month, and year), and it will be valid here without need for notarization or anything else.
Posted on 8/16/18 at 3:02 pm to Snipe
quote:
Save your money and do one of the many online wills.
Yeah I don't think I've ever gotten a good answer for why a will has to cost $350+. It's essentially filling in a template unless you have some complicated estate that will be divided into many parts.
Posted on 8/16/18 at 3:03 pm to TheFonz
You want a will and a revocable living trust.
Posted on 8/16/18 at 3:05 pm to TheFonz
Just had two last wills, a living will and two poa’s (medical and financial) done. Two hours @$325 per.
Posted on 8/16/18 at 3:05 pm to kywildcatfanone
quote:
You want a will
Yes
quote:
and a revocable living trust.
No real point.
Posted on 8/16/18 at 3:09 pm to Snipe
quote:
Save your money and do one of the many online wills. With just a little investigating you'll find that many will stand up in the wacked out Louisiana laws designed to steal you children's or loved ones inheritance, but make sure you hand sign and date it and in the opening sentences make sure it states you sign this will being of sound mind and this will renders any previous wills nul and void.
Really a lot of sites have it set up where you just fill in the blanks and it fills in all the state required jargon.
Maybe if you just leave "all my possessions to X." Anything more complex than that is asking for trouble. There are all kinds of nuances that can trip a layman up, and you dont know what you dont know until its too late.
I deal with legal documents every single day, and I'm familiar enough with them that I could draw one up myself and it would probably be okay. But on the chance I've missed something, I go through a lawyer. I've seen people try to save a few hundred, then spend thousands or tens of thousands getting it unsnarled.
Posted on 8/16/18 at 3:17 pm to Jim Rockford
There is some awful advice in here. Speaking from experience, Louisiana has some pretty specific form requirements and an online will is very risky. It would be a smart move to go see a lawyer for what you are needing.
Posted on 8/16/18 at 3:23 pm to Snipe
quote:
Save your money and do one of the many online wills. With just a little investigating you'll find that many will stand up in the wacked out Louisiana laws
Are you advising whether witness signatures are required? How many witnesses? Do they need to sign on every page? Is there any certain attestation language required for the witnesses? What if a person is blind or deaf? How do you handle the witnesses? Are there any bequests that cannot be passed by a will? Will putting something in a will that is contrary to a beneficiary designation somewhere cause any problems down the road?
Posted on 8/16/18 at 3:28 pm to TheFonz
i paid 1500 for everything a couple years ago
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