Attorney Prepared Wills and Trusts

Parasec offers Attorney Prepared Wills and Trusts for basic estate planning.

Your first responsibility in planning your estate is to yourself, your spouse and your children. It is important to ensure that both you and your family are provided for under no matter what the circumstance is. This means utilizing a Will, and Revocable Trust and appropriate Powers of Attorney to accomplish this.

If you fail to draft a Will or other legal method to distribute your property when you die, state law will determine how your property will be distributed. Additionally, in the absence of a Will, a court will determine who will care for your young children and their property if the other parent is unavailable or unfit.

A Trust allows you to avoid probate, which is 2% of the gross value of your estate.

Parasec’s Will and Trust Package is only $699 and includes:

• Pour Over Will
• Revocable Trust
• Durable Power of Attorney for Assets
• CMA Healthcare Directive
• Estate Kit
• 15 Minute Attorney Consultation (if needed)
• Overnight delivery of completed package by 2nd day air

If you are not interested in the complete package, you can purchase individual items. The following charges include shipping via UPS second day air.

• Pour Over Will $215
• Revocable Trust $515
• Durable Power of Attorney for Assets $180CMA
• Healthcare Directive $130
• Estate Kit $73.20

Additional items not included in the Will and Trust Package may also be purchased:,

• Draft Quitclaim Deed $189 (does not include county recording fee)
• Draft Homestead Exemption $219 (does not include county recording fee)

What do these documents do?

Trust - A trust allows you to avoid probate, which will cost your heirs 2% of the gross value of your estate.

Pour Over Will – Allows you to avoid probate on property that was never placed into the Trust. The legality of the Trust “Pours Over” onto the additional property.

Durable Power of Attorney for Assets – This document allows you to appoint a conservator who will pay bills and manages your assets in the event that you become incapable of doing so. If you become incapacitated and haven’t appointed a conservator, the Court will require one to be appointed and it may cost you $2,500 or more and may take 45 days or longer. Additionally, the Court may appoint a conservator of whom you do not approve. The Court may even decide to appoint a professional conservator who you will be responsible to pay. Your credit could be damaged because bills are held until a conservator is appointed.

CMA Healthcare Directive – Appoints the person you choose to make healthcare decisions on your behalf in the event you are unable to make those decisions yourself. Avoids the need for a court hearing to make the appointment legal.

Quitclaim Deed – Puts property into the Trust. If a property isn’t placed in the Trust legally, it has to be probated.

Homestead Exemption – Protects the first $75,000 worth of equity in your home if you are under 65 years old and $125,000 if you are 65 or older from creditors (including bankruptcy). These limits are subject to change according to California state law.