What's It Going To Cost? A TRUST Costs to have a trust drafted by an attorney vary like everything else. You should expect to pay in the neighborhood of $450 to $2,500. I know that's a pretty big neighborhood, but the level of service you receive will usually be commensurate with the cost. Like flying on an airplane, you can fly discount carriers, or a solid established carrier, or fly in a private jet. Your level of service changes as well as the safety. There are no ongoing charges. The attorney may charge to assist in retitling the assets. The attorney may charge to help the successor trustee wrap up the trust including filing any tax returns if necessary. A WILL Simple wills typically have been a loss leader for attorneys. The average fee for a simple will is $75. Cheap don't you think? Not when you add in the associated costs of probate. It is here where he or she will make up the difference, and then some. Cost to probate estate: $5,000 (Using an estate value of $100,000 and a very conservative five percent attorney fee/costs) Total cost to probate a $100,000 estate equals $5,075. The above does not take into consideration estate taxes. See the next section to learn more about how to reduce or eliminate taxes on your estate.

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