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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. We spoke with a small law firm. Turns out we don't need a trust and can go the will route. Total price: Last Will and Testament - $650 Power of Attorney (Couple) - $175 Medical Directive (Couple) - $175 Total Cost of Estate Plan - $1000[/quote] Just know that wills aren't private. I've been able to receive the wills of people that I am not related to who live in different states. I would hate the idea of people being able to see how much my children would inherit if I died. Also during the process of setting up my family trust, one of the lawyers I spoke to who thought trusts are unnecessary in Va but he seemed so untrustworthy that not having a trust concerned me even more. [/quote] But a will doesn't usually say how much is going to your children, just how the assets would be divided. The amount of the assets can't be in there because it is unknown what the value would be on death. [/quote]
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