Q:

What is the average cost of a revocable living trust?

A:

Quick Answer

The average cost of a revocable living trust lies between $1,000 and $3,000. The average cost varies vastly because of the different rates of service offered by the lawyers drafting the trust as well as the complexity of circumstances of the individual getting the trust made.

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Full Answer

A living trust is a trust that is made while an individual is alive, to help alleviate some of the problems that come from solely employing a will to manage one's estate. These trusts allow for more planning and are able to be amended at any moment in time. Those interested in creating a living trust should be wary of scam artists attempting to sell absurdly cheap resources to make one.

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