How Much Does Estate Planning Cost?

One of the first questions people ask us is: “How much does estate planning cost?” It’s a fair question—and the answer is: it depends. At Legacy Law Group Colorado, we believe in transparency. And we get it — when you're planning for your future, you want to know what to expect. And yes, estate planning is an investment. But here’s the thing: everyone’s situation is different. That’s why we don’t believe in one-size-fits-all pricing. Instead, our attorneys quote a custom flat fee after learning about your specific goals, family dynamics, and financial picture.

No hourly billing. No surprise invoices. Just clear, upfront pricing after a real conversation.

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Why Costs Vary So Much

Estate planning isn’t one-size-fits-all. Your needs—and your costs—will vary based on several factors:

Think of it like building a custom home: you can’t price it without knowing how many rooms you need, what materials you want, and how long it needs to last. And estate plans should last—through life events, financial changes, and generational shifts. A one-size-fits-all document just won’t cut it.

Basic Estate Planning Costs in Colorado

We offer several comprehensive estate planning packages, each built around the real needs of Colorado families. Here’s a breakdown of what’s generally included:

Simple Will-Based Estate Plan

This is the most basic form of estate planning, ideal for individuals or couples with uncomplicated wishes and a straightforward financial picture.

You’ll typically receive:

• A Last Will and Testament
• Durable Power of Attorney (for finances)
• Medical Power of Attorney (for healthcare)
• Advance Directive / Living Will
• HIPAA Authorization

While cost-effective, keep in mind this plan will still require probate and doesn’t provide asset protection or privacy. It’s a good starting point, but not ideal if you have more than minimal assets or want to avoid court involvement.

Revocable Living Trust Plan

Revocable trusts are ideal for families, homeowners, or those who want to avoid probate. Your assets are titled in the name of the trust, allowing for smoother transitions.

These plans often include:

• Revocable Living Trust
• Pour-over Will
• Financial Power of Attorney
• Medical Power of Attorney
• Living Will & HIPAA Authorization
• Real estate deed prep and trust funding guidance

Learn more about revocable trusts and why they’re often preferred.

Advanced Trust Plans:

For those with complex needs—high-value estates, tax concerns, blended families, or long-term care planning—advanced trusts provide flexibility, protection, and strategic planning tools.

These may include:

• Irrevocable Trusts
• Medicaid Asset Protection Trusts
• Charitable Remainder Trusts
• Personal Property Trusts
• ILITs (Irrevocable Life Insurance Trusts)
• GRATs (Grantor Retained Annuity Trusts)
• QTIP Trusts (Qualified Terminable Interest Property Trusts)

Each of these tools is tailored for specific scenarios. For instance, ILITs are used to exclude life insurance from estate tax calculations, while GRATs help minimize gift and estate taxes on appreciating assets.

Explore advanced trust options and which might be right for you.

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Online Services vs. Estate Planning Attorneys

While online platforms for estate planning might seem appealing due to their lower initial costs, they often lack the personalized touch and expertise that a seasoned estate planning attorney can provide. These platforms typically offer generic templates that may not account for the unique nuances of your financial situation or family dynamics. As a result, what seems like a cost-effective solution can lead to significant legal challenges and expenses in the future. For instance, a poorly drafted will or trust might not hold up in court, leading to disputes among heirs or unintended tax consequences. Here's a simple comparison:

We’ve seen firsthand how poorly drafted online documents can unravel in court. Don’t leave your legacy to chance.

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What Affects the Cost Most?

Since we tailor every plan, the cost will depend on things like:

• Whether you need a Will or a Trust (or both)
• Your marital status and number of children
• The types of assets you own (e.g. businesses, real estate)
• Any special needs or blended family dynamics
• Your long-term goals (e.g. tax planning, asset protection)

Size and Complexity of Your Estate

More assets often mean more planning. A trust may be required if you own real estate in multiple states or have complex investment portfolios.

Real estate owners often benefit from trust-based plans—learn more here.

Unique Family Dynamics

If your family includes stepchildren, estranged relatives, or dependents with disabilities, more nuanced planning is necessary.

Planning for blended families
Planning for children with special needs

We understand that estate planning is a deeply personal process — and pricing should reflect your unique needs, not a template. That’s why the first step is always a consultation with one of our attorneys, where we listen first and then guide you through your best options.

Want help understanding what kind of plan is right for you? Book a free consultation and we’ll walk you through your options.

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Flat Fee Pricing — No Hourly Billing

We want you to feel comfortable asking questions, making changes, and working collaboratively without worrying about running up the clock. That’s why Legacy Law Group works exclusively on a flat-fee basis for estate planning.

You’ll know exactly what’s included and how much your plan will cost before we begin any work. Our goal is to make estate planning a seamless, worry-free experience where you feel supported, informed, and in control at every step. No unexpected bills, no time-tracking — just the peace of mind that comes with knowing what to expect.

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How to Save on Estate Planning Without Sacrificing Quality?

Want to be smart with your money? Here’s how:

• Start early—planning during a crisis is always more expensive
• Bundle your documents for discounts
• Choose flat-fee services to avoid hourly surprises
• Work with a firm that helps fund your trust
• Ask about lifetime updates—some firms charge for every change, we don’t