Spousal Lifetime Access Trust — Review and Redline
A markup of a Spousal Lifetime Access Trust you have been handed, the document that uses the exemption now while keeping indirect access through a spouse, with the reciprocal trust problem avoided.
The issues memo is written so a business owner can decide, not just a lawyer. You receive a marked-up document plus a ranked issues memo that separates what must change from what is merely preference.
Frequently asked questions
The fee covers a full read of the counterparty's document against your position, a tracked-changes redline you can send back, and a ranked issues memo separating deal-breakers from trade material. It is fixed at this scope: one trust. 1 round of revisions are included. If your matter falls outside that scope we tell you before starting and quote the difference — we do not bill past a flat fee without agreeing it first.
1 to 2 weeks from a complete set of instructions, plus time for the 1 round of revisions included in the fee. If you are working to a court deadline or a closing date, tell us when you order and we will confirm in writing whether we can meet it before you commit.
$3,250 is $325/hour × 10 hours — the time this deliverable takes in an ordinary advanced planning matter, at the firm's standard rate. Because it is a flat fee, the risk of the work running long sits with the firm: you pay $3,250 whether it takes us the estimate or twice it.
Third-party costs are never inside a flat fee and are passed through at cost, never marked up: court and agency filing fees, court reporter and transcript charges, expert witness fees, search vendor and e-discovery hosting charges, process server fees, and travel.
What your business does, and who its users or customers are, the systems, vendors, and data flows the document has to describe accurately, any existing version, and what prompted this one, and any regulator, platform, or contract requirement you are working to. Send what you have — if something is missing we will tell you what else we need before the turnaround clock starts.
Clients also order
Other Advanced Planning work MC Law prepares on a flat fee.
Grantor Retained Annuity Trust — Review and Redline
A markup of a Grantor Retained Annuity Trust you have been handed, the document that transfers appreciation to the next generation with little or no gift tax if the assets outperform the hurdle rate.
Dynasty and Generation-Skipping Trust — Review and Redline
A review and redline of a counterparty's Dynasty and Generation-Skipping Trust, the agreement that holds wealth for multiple generations with the exemption allocation and perpetuities issues handled.
Irrevocable Trust — Review and Redline
A markup of an Irrevocable Trust you have been handed, the document that moves assets out of the estate permanently in exchange for tax and creditor benefits.
Qualified Personal Residence Trust — Review and Redline
A close review and redline of the other side's Qualified Personal Residence Trust, the document that moves a residence out of the estate at a discount while you keep living in it for a term.
Irrevocable Life Insurance Trust and Crummey Notice Package — Review and Redline
A close review and redline of the other side's Irrevocable Life Insurance Trust and Crummey Notice Package, the document that keeps life insurance proceeds out of the taxable estate, with the annual notices that make gifts qualify.