Cost of a Living Trust
The cost of a living trust varies, from a low of $1,000.00 for a single person with no real estate, to a high of nearly $3,000.00 for a married couple with over $1,500,000 in assets, multiple real estate properties, and an incorporated business.
Generally, you pay only about ten percent (10%) of what a trust saves you. For every dollar you spend on a living trust, you save more than ten dollars in probate fee savings.
You need a simple trust if your assets are under $1,500,000. The cost of a simple trust for a married couple starts at $1200. Savings from the trust are guaranteed to be at least $12,000.
A married couple will need a complex trust if their assets are over $1,500,000. The cost of a complex trust starts at $1,500. Savings from the trust are guaranteed to be at least $15,000.