ESTATE PLANNING

• Wills
   
• Trusts
   
• Advance Health Care Directives
   
• Financial Powers of Attorney
   
• Estate Plan Updates & Amendments
   
• Trust Administration
   

At Shrem Law PC, we offer tailored estate planning services for individuals and couples preparing their first estate plan. Every plan is unique, reflecting your specific goals, assets, and family circumstances. Whether you own real estate, have minor children, or simply want to protect your legacy, an estate plan ensures your wishes are honored — while helping your loved ones avoid unnecessary legal and financial burdens.

A carefully prepared estate plan can:

• Appoint guardians for your children
   
• Designate how and to whom your assets should be distributed
   
• Maximize property tax savings (e.g., Prop 19)
   
• Avoid the expense and delay of probate court
   

An incomplete or outdated estate plan, on the other hand, can result in confusion, legal disputes, and costly court proceedings during an already difficult time.

We offer flat-rate pricing for most standard estate plans:

• $3,000 – Individual with one California property
   
• $6,000 – Couple with one California property
   
• + $700 – Per additional California property to be transferred into your trust
   

We can also assist with out-of-state property transfers, billed at $700/hour, plus any third-party fees.

A comprehensive estate plan typically includes four coordinated documents:

1. Revocable Living Trust – A financial tool that holds your assets and allows them to pass directly to your beneficiaries, avoiding probate.
    
2. Will – Names guardians for minor children and ensures any missed assets are funneled into your trust.
    
3. Financial Power of Attorney – Authorizes a trusted individual to manage your financial affairs if you’re unable to do so.
    
4. Advance Health Care Directive – Appoints someone to make medical decisions for you if you're incapacitated.
    

We also assist with the final step: properly transferring assets into the trust and ensuring remaining property is correctly titled or designated.

Life changes — and your estate plan should, too. Whether your family has grown, your relationships have changed, or your assets have evolved, it’s wise to revisit your plan periodically to keep it current.

We offer estate plan reviews, updates, and modifications at $700/hour, including the initial consultation (billed in 1/8-hour increments).

When someone passes away, their trust needs to be administered. This process includes:

• Identifying and collecting assets
   
• Paying debts and taxes
   
• Distributing remaining assets to beneficiaries
   
• Navigating legal deadlines and responsibilities
   

Whether you are a trustee, beneficiary, spouse, child, or other interested party, Shrem Law PC can guide you through the entire trust administration process. We provide step-by-step support to help you fulfill your legal duties and minimize personal liability.

Rate: $700/hour
Retainer: $7,000 (any unused portion is fully refundable)

Note: More complex estates may require additional funds beyond the initial retainer.