Estate planning attorney reveals secret living trust package
Cost Considerations
The cost of setting up a living trust can vary, typically ranging from $1,000 to $3,000 depending on the complexity of your estate and the attorney's fees2. While this may seem like a significant upfront expense, the savings on probate fees and the peace of mind knowing your estate will be managed according to your wishes can outweigh the initial costs. Some estate planning attorneys offer package deals that include the creation of a living trust along with other essential documents like powers of attorney and healthcare directives, which can provide additional savings.
How to Choose the Right Estate Planning Attorney
Selecting the right attorney to help you establish a living trust is crucial. Look for someone with extensive experience in estate planning, a solid reputation, and a clear understanding of your state's laws. It is also beneficial to choose an attorney who offers comprehensive estate planning services, as they can provide a more holistic approach to managing your assets. You might want to visit websites of local law firms to compare services and read client reviews to ensure you find the best fit for your needs.