What is the average cost to establish a living trust?


Quick Answer

Establishing a living trust can cost from $30 to $2,000 as of 2015, according to Nolo. This depends on whether an individual drafts the living trust herself, uses an online service or hires a lawyer to draft it.

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Full Answer

If the individual drafts the living trust using a do-it-yourself book, it costs about $30, states Nolo. If the individual chooses to draft the living trust online, it costs about $60. The fee for having a lawyer draft a living trust ranges from about $1,000 for individuals to $2,000 or more for couples, states LegalZoom. Using a lawyer to draft a living trust ensures that the document meets all legal requirements.

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