That varies considerably, and is sort of like asking “how much does a house cost”?
(1) on the complexity of the estate, (2) the nature of the property involved, and to a lesser extent, its value, (3) the amount and nature of the tax planning that is necessary, (4) the amount of time the client will be spending with the lawyer, and the extent of “hand-holding”, (5) what the client will do on his or her own, and what the lawyer will do, (6) the other documents involved (powers of attorney, deeds, health care powers), etc. Generally the most crucial part of a Trust (or a Will) is the planning that goes into its preparation. Words are pretty commonplace, and it is advising you what the alternatives are, how to solve foreseeable problems, and only then “drafting the documents” — essentially arranging the words to say what you would want done — and taking the risk of an error, that lawyers charge for. While it generally costs more to prepare a Trust than a Will, a Trust often does a lot more than a Will. One bit of advice. DO NOT USE PRE-PRINTED FORMS. Even the best pre-
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- That varies considerably, and is sort of like asking "how much does a house cost"?
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