How Much Does a Living Trust Cost?
A living trust costs about $2,000 with average prices ranging from $1,000 to $3,000 according to multiple online sources.
The cost to set up a trust yourself will only cost you about $90 plus your time and effort.
Living trust lawyer fees, if you have an attorney create the trust for you, will cost about $1,600, with average prices ranging from $1,200 to $2,000 according to Nolo.
Kiplinger agrees with a similar cost range, “An estate plan that includes a trust costs $1,000 to $3,000, versus $300 or less for a simple will.”
Trust Attorney Fees
Hiring a trust attorney will help make sure your trust is done properly and fulfills legal requirements. Trust lawyers might charge anywhere from $1,000 to $1,500 to create a trust for an individual vs $1,200 to $1,500 to create a trust for a couple according to LegalZoom.
Why You Should Use a Trust Lawyer
Creating a trust yourself can lead to problems and bigger expenses down the road if you do not do it right the first time.
AdairMBuckner says, “As an attorney with 40+ years of experience, I have seen a large number of DIY trust agreements that were not legally adequate and failed to accomplish any intended purpose. In some instances, the DIY route can create more problems and expense down the line than if nothing were done at all.”
Save your time and avoid problems by hiring a trust lawyer to create your living trust for you.
Get the Help of a Living Trust Lawyer in Phoenix, Arizona
If you are searching for trust lawyers in Arizona Ogborne Law can help. Our law office is located at 5020 E Shea Blvd Suite 240, Scottsdale, AZ 85255 inside the Paradise Valley Plaza. We can help with all types of trusts in Arizona including:
- Charitable trusts
- Domestic Asset Protection Trust
- Dynasty trusts
- Irrevocable trusts
- Life Insurance Irrevocable trusts
- Minor Trusts
- Revocable Living trusts
- Special needs trusts
- Spendthrift trusts
Estate planning is the right thing to do for the people you love. It’s another way to say “thank you” to those who love you. Some of the decisions are hard, but at Ogborne Law, we will help you navigate these difficult decisions. Your Arizona estate planning attorney can help you select a will or trust or both. Your estate solution will work for you. You will have the peace of mind that comes with effective planning for the future. Call 480.508.9462 or contact Ogborne Law with questions.
Engaging with an attorney to protect your family is never an easy step. Whether you need to protect your family from the unthinkable or restructure your family through collaborative divorce, we’re here to help. When you’re ready to schedule a consultation with Michelle Ogborne, please visit the scheduling page to get started.
