Estate Planning
At Peters & Krown, we help clients protect what they have built and plan for the orderly transfer of assets. Estate planning is not a one-size-fits-all process. Each plan should reflect the client's unique family dynamics, assets, and long-term objectives. We work directly with our clients to develop plans that are both practical and tailored to their specific circumstances.
Our Estate Planning Practice
We advise clients across a range of estate planning needs, from foundational documents to more complex planning strategies. Whether you are creating a plan for the first time or updating an existing one, we provide guidance throughout the process.
Our standard services include:
- Wills: A will directs how assets pass through probate and allows you to nominate personal representatives of your estate, and guardians for minor children.
- Trusts: Trusts are often used to avoid probate, maintain privacy, plan for incapacity, and structure distributions over time. We draft revocable and irrevocable trusts, including specialized trusts where appropriate, based on each client's unique goals.
- Powers of Attorney: A power of attorney authorizes a trusted individual to act on your behalf in financial or legal matters in you are unable to do so yourself. Proper drafting helps ensure continuity and avoids unnecessary court involvement.
- Advance Directives: An advance directive, also known as a living will or healthcare directive, sets out your preferences for medical care and end-of-life decisions, and designates the individual authorized to make those decisions.
Comprehensive Planning
For many clients, estate planning extends beyond basic documents. We regularly assist with more advanced considerations, including:
- asset protection strategies
- estate and gift tax planning
- business succession planning
- planning for blended families
- planning for a family cabin
- generational trust planning
- special needs planning
- charitable planning
- planning for digital assets and non-traditional planning
Flat Rate Pricing
We offer estate planning services on a flat fee basis to provide clarity and predictability. Our flat fee depends on the document package being requested, the nature of the assets involved, and the level of customization required to achieve the client's wishes.
During your initial consultation with our attorneys, they will outline available planning options, make recommendations based on your situation, and provide a clear fee quote for the work required. This allows you to make an informed decision before moving forward, and have clear expectations throughout the process.