How Much Should Establishing a Revocable Living Trust Cost?
Costs for a Revocable Living Trust will vary depending on the size of your estate, the experience of your attorney, and possibly even the area in which you live. However, without taking into consideration your attorney’s level of experience or quality of the document, recent studies have concluded that the average cost for a single person with a modest estate ran about $500.00 to $1,200.00. For a married couple with a combined estate of less than $1.2 million, and no tax or other financial planning involved, the average cost was about $800.00 to $2,500.00. Revocable Living Trusts established for larger estates, or those in need of additional professional services, can expect these average costs to be higher. The price in creating your Revocable Living Trust should include a number of documents and services. It is therefore important for you to be informed by your professional, as to what documents and services are included in your price. Should I have an Attorney Do My Trust? Yes, but
