Estate Planning 101

Understanding the Cost of Creating a Living Will in Arizona

In this blog post, we will navigate through the various costs associated with making a Living Will in Arizona. From attorney fees to DIY options, we will explore the spectrum of costs and provide insights to help you make an informed decision that aligns with your financial and personal preferences. And, for those pondering the broader scope of estate planning, we'll briefly touch on how a Living Will fits within the larger picture, including the costs of setting up a Living Trust. Understanding these costs is key to establishing a secure and effective estate plan that honors your wishes and protects your legacy.
February 4, 2024

Are you an executor or trustee?

Snug can help you get organized by providing one place to store and analyze Wills, Trusts, and other essential documents. You can inventory finances, personal property, digital assets, insurance, and more.
Get started for free

Want to get organized?

Snug can help you organize all of life's details by providing one place to store and analyze Wills, Trusts, and other essential documents. You can inventory finances, personal property, digital assets, insurance, and more.
Get started for free

Want to offer estate planning?

Snug is a complete estate planning solution built for Financial Advisors who want to save time and offer their clients more. Whether you have an UHNW client who needs their documents analyzed or a mass affluent client getting their first Trust, we can help.
Get started for free

Need a Will or Trust?

Snug makes it easy to create a Will or Trust in under 20 minutes. Powers of Attorney and Health Care Directives are included for free with any Will or Trust, as is a year of free updates.
Get started for free

Planning for the future and understanding the financial implications of legal documentation can often seem daunting. A Living Will, a document that allows you to express your wishes regarding medical treatment if you are unable to communicate those decisions yourself, is a crucial part of this planning process. It's important to differentiate a Living Will from a Last Will and Testament or a Living Trust, as these are distinctly different legal tools. The terms "advance directive" and "healthcare directive" are also commonly used, which can add to the confusion.

For residents of Arizona, the cost of creating a Living Will can vary significantly. While the perception is often that estate planning is an expensive endeavor, this is not always the case. Making a living will in Arizona can be pretty straightforward, and it's not necessarily expensive: the cost can range from free up to several hundred dollars, depending on the method you choose. It's crucial to consider not just the initial cost but also the potential long-term benefits and drawbacks when deciding on your approach to creating this important document.

The Cost of Hiring a Lawyer to Make a Living Will

One common approach is to hire a lawyer to draft a Living Will. In Arizona, as in many states, the cost can vary based on several factors, including the complexity of your medical wishes, the lawyer's experience level, and the location of their practice.

On average, you can expect to pay anywhere from $200 to $500 for a lawyer to create a Living Will. This fee typically includes the time spent counseling you about your options, drafting the document to meet Arizona's specific legal requirements, and ensuring that it clearly expresses your healthcare preferences.

Some lawyers may offer package deals if you decide to have them prepare a comprehensive estate plan, which often includes a Living Will, a Last Will and Testament, and other important documents like a Durable Power of Attorney. These packages can run from $1,000 to $5,000 or more, but they provide a full suite of legal instruments to protect your interests.

However, legal fees are not the only cost to consider when setting up a Living Will. There are often additional expenses such as notary fees, costs for witnesses if required, and potentially costs associated with keeping the document updated over time. While it may be tempting to opt for the least expensive option, the quality of legal advice and document preparation can vary. A well-drafted Living Will can prevent future confusion and family disputes, potentially saving money and heartache in the long run.

If the thought of legal fees is daunting, don't be discouraged. There are ways to minimize these costs, which we will explore in the following sections. And remember, the investment in a Living Will is ultimately an investment in your peace of mind and your family's well-being.

How to Minimize Costs of a Living Will

Creating a Living Will is an essential step in ensuring your healthcare wishes are upheld, but it doesn't have to strain your wallet. Snug provides a practical solution to minimize the costs typically associated with drafting this important document. Here's how you can keep expenses low while securing your peace of mind with Snug:

  1. Free State-Specific Living Wills: Snug offers the creation of Living Wills at no cost. Our platform is designed to cater to the specific legal requirements of Arizona, saving you the expense of hiring an attorney for state compliance assurance.
  2. Easy-to-Use Online Tools: Navigate through the process of creating your Living Will with ease using Snug's intuitive online platform. This do-it-yourself approach bypasses costly legal fees while still providing a solid, legally-sound document.
  3. Expert Guidance Without the High Costs: While Snug allows you to create your Living Will independently, it also offers access to expert guidance. Our resources and customer support are in place to help you make informed decisions without incurring the hourly rates of a private attorney.
  4. Update Anytime for Free: Life circumstances and healthcare preferences can change. With Snug, you can update your Living Will at any time without additional charges, ensuring your document is always current without the need for costly legal revisions.
  5. No Hidden Fees: Transparency is key at Snug. We don't believe in hidden costs or surprise charges. Our commitment is to provide you with a free Living Will that meets your needs and the legal standards of Arizona.

By choosing Snug, you're not only saving money but also investing in a service that values accessibility and simplicity in estate planning. Create your Living Will with confidence and take control of your healthcare decisions without the financial burden.

Cost of Changing a Living Will

Life is dynamic, and as circumstances evolve, you may find the need to update your Living Will. In Arizona, the cost of amending this document can vary depending on the method you choose. If you decide to go through a lawyer, amending a Living Will could cost anywhere from $50 to several hundred dollars, given the professional's fees for reviewing and redrafting the document.

However, with Snug, you can sidestep these costs entirely. Our platform allows you to update your Living Will at any time, free of charge. This flexibility ensures that your end-of-life preferences are always up to date with your current wishes without incurring additional expenses. Snug's commitment to affordability and adaptability makes it a wise choice for maintaining the accuracy and validity of your Living Will as your life changes.

Cost of Revoking a Living Will

The decision to revoke a Living Will is personal and can be prompted by various changes in life or perspective. In Arizona, the revocation process does not have to be costly. If you choose to revoke your Living Will through an attorney, you may incur fees similar to those for creating or amending the document, which can be a few hundred dollars.

With Snug, however, you have the advantage of managing your Living Will without financial burden. Revoking your Living Will through our service is completely free. Snug ensures that you can easily withdraw your Living Will, providing you with the reassurance that your healthcare decisions remain in your hands. This service is part of our commitment to offer accessible and cost-effective estate planning options, giving you the freedom to make changes as your life circumstances evolve, at no extra cost.

Cost of Making a Living Will Online

In the digital age, creating a Living Will online is a convenient and cost-efficient option. While some online services may charge for this, Snug stands out by offering the creation of Living Wills completely free of charge. Our online platform is specifically designed to be user-friendly and legally compliant with Arizona state laws, ensuring that your document meets all necessary legal criteria.

By choosing Snug, you avoid the traditional costs associated with legal services, which can range significantly. Our commitment to providing accessible estate planning tools means that you can prepare your Living Will from the comfort of your home, without having to worry about legal fees. This free service is part of Snug's dedication to helping you make important healthcare decisions without the financial stress, making estate planning an accessible task for everyone.