What is included in a Revocable Living Trust Package, and how much does it cost?
A “Trust Package” consists of a Living Trust, Pour Over Will, General Durable Power of Attorney, Advance Health Care Directive, HIPAA release, Certification of Trust, Funding Instructions, drafting and recording of one Deed to transfer real property into the trust and few other miscellaneous instructional documents. The fee to draft the Trust Package depends on if the client is single or married, and the complexity of the trust. The size of a person’s estate has little to do with the cost. It takes the attorney the same amount of time to draft a trust that includes a $5 million dollar home as a $50,000 one. However, some attorneys charge more simply because they feel the client can afford it. Most Trust Packages range from $1,250.00 to $2,000.00.
