QUOTE (pdriver @ Jun 5 2009, 09:21 AM)

QUOTE (Donnie @ Jun 5 2009, 07:55 AM)

QUOTE (Luke's Dad @ Jun 4 2009, 10:40 PM)

$200.00 to $300.00 is very cheap for a will in Minneapolis. If you can find someone to do it for under $1000.00 you are lucky. It depends on your asets and needs. I would also have your estate planning attorney draft a living will (if you want to be kept on life support or not). I drafted my own wills and it took me a couple of hours. I bill out at $230.00/hour, but most estate planners charge flat fees.
Things are a little more expensive in Minneapolis than in Lamar, Colorado. We need to raise our rates down here. Good point about the flat fees. You can usually get a consultation with an attorney, who after finding out what type of estate planning you need, will give you a estimate of the costs.
Legalzoom has a place, but if you have a sizeable enough estate, I'd find an estate planner. The cost up front should translate in to larger savings upon your death. For legalzoom to work, you pretty much know what you need--which is just fine for a large number of people. I'm going to go out on a limb and guess that you haven't kept up on recent changes to death tax provisions (both state and fed).
Moreover, you may want to fund your heirs' trusts with part of your money and donate the rest to a guy in Lincoln.
Each jurisdiction is different. The area I'm practicing in is probably fairly low on the poverty scale, so I don't even charge the $200 Donnie quoted for a simple will. The truth is, I have a form on my computer and if it's just a basic will where it all goes to spouse, or equally to the children (grown) if the spouse predeceases the testator, it probably takes me a total of 30 minutes in getting the information, making the necessary changes in the form will, printing it off and having the client review and execute it.
As for legalzoom, I've never actually been to the site, but I'd advise people to stick with an actual attorney. Don't trust a site such as that or pulling a "form will", etc., off the internet. You get what you paid for, and though it may look official, it often does not comply with the rules in your state, and therefore may leave your estate unprotected.
Now, if it's anything different than my "basic will", the price is adjusted accordingly. Certainly, if you're talking about more estate planning involving trusts and such, then I'm going to charge you according to the hours I spend drafting it from scratch. But my personal practice as a family lawyer is to offer very reasonable fees for preparation of wills, where of course my name is at the bottom of the will. Then when mom or dad passes on, the children (sometimes from out of state) don't know any other attorneys, so they call me to probate the will (even though they are at liberty to choose a different attorney than the one that prepared the will). It is during the probate of the estate that the big bucks are made, at least in my case. In Ohio, you can charge up to about 5% of the total estate value. And, again, most of the necessary forms are already on my computer, so I don't have to spend that much time actually drafting the documents from scratch.
Finally, one thing I do (which is really hurting my probate practice) is to try to help many clients avoid the probate process completely. When everything is going to the spouse, it's easy to avoid probate on the smaller estates. You just have to make sure the real estate is titled in both spouses names, jointly with rights of survivorship. And make sure all bank accounts also are in both names so that the survivor can just go and withdraw the money by themselves if their spouse passes. And you do the same with vehicles...include "WROS" (with rights of survivorship) on the titles. It is more complicated (but still sometimes possible) to avoid probate when the property is going from parent to child or children. But you have to make sure the parent can trust the child if they're going to put their name on the parent's deed or bank account.
One thing I don't see mentioned here yet....ALL STATES HAVE THEIR OWN LAWS, so what I tell you may not apply to your state. Even different jurisdictions in the same state may have varying local rules, so it's important for you to speak to an attorney in your jurisdiction for an actual legal question. Anything that is mentioned in this thread IS NOT intended to be taken as legal advice. We are NOT responsible if you follow the advice of some anonymous person on a quit smokeless website and end up getting screwed. In fact, because we get paid for giving legal advice, I hope that the members here will not expect us to keep answering legal questions for them. A general question like this is fine, and the members can choose to answer or not to answer, if they want. Hopefully, this will be a thread more to talk about the law in general, particular cases in the news, particular problems associated with quitting and the legal profession, and yes, share lawyer jokes, etc. We're used to hearing such jokes and can even appreciate most of them, however keep in mind that the joke you think is SOOOO funny is probably one we've already heard a hundred times.
As for the "Crunchberry" case...there's always some idiot attorney that's willing to take on a stupid case like that. First, they hope to get a quick settlement from the Defendant, who doesn't want to spend a lot of money defending a frivolous case. The plaintiff's attorney gets a percentage of the settlement, hopefully with little work done on his/her behalf. Or if it's not settled, they hope to get some idiot jury to believe them and award the client a bunch of money (after all, it's not the jury's money they're giving away). And if all else fails, the attorney still gets their name in the papers, and that's free advertising for the next potential client. But not all attorneys are like this or handle cases like this. These are tort lawyers. When you hear on the news about "trial lawyers", they are often referring to these guys. The majority of attorneys do not fall into these categories. It's like comparing a guy doing plastic surgery in the back alley to a heart surgeon in a hospital...both may be doctors, but other than that, they are very different professions.