- Costs more in legal fees than drafting a will.
- Requires retitling all assets that the trust will hold, which can be tedious and expensive.
- May require you or your heirs to pay annual fees of 1% to 2% of assets if a professional trustee is used.
- May leave your trust assets vulnerable to creditors' claims longer than a will does. (However this may be avoided by probating the pour over will which starts the clock running on all creditors.)