Folks who need only ultra-simple wills can make do with a $50 software program. Once you're talking multiple retirement accounts, real estate holdings, and/or an estate worth more than your state's estate tax limit, it's worth paying an expert who can give you legal advice and make sure the documents are set up correctly.
For $1,000, you and your spouse can get a will, health care proxy, and powers of attorney, and set up a basic trust, says Dean Hedeker, a Chicago CPA and estate attorney. Find a planner or lawyer at estateplanninganswers.org.
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