Living Trust Attorney

A living trust attorney can help you decide whether a living trust is the correct estate planning strategy for you or whether an alternative may be better suited.

Living trust attorney.

If it s your trust that s you. In comparison attorney s fees for drafting a will are much lower generally 200 to 400 for an individual and 300 to 500 for a couple. Some choose to hire an estate planning attorney to prepare their estate planning documents but this is not always necessary. However if you cut someone out of your living trust as a beneficiary he or she can challenge the trust just as a will can be challenged who are the trustees.

Living trusts and estate plans. To draft a standard living trust which is what most attorneys offer you start with a lot of legal boilerplate off the shelf legal language and add the following information. Legal fees vary by location so your costs could be much higher or slightly lower. Reviews on living trust attorney in torrance ca mark e swatik esq mba patinelli chang sanders montalto elder law services of california sharma kliche the law firm of kavesh minor otis law office of barbara craig stone sallus roxas law conflict resolution the probate house l c.

The average cost for an attorney to create your trust ranges from 1 000 to 1 500 for an individual and 1 200 to 1 500 for a couple. As long as your living trust contains these basic elements you can make your own living trust. A professional california attorney for living trusts if you own a home or have minor children a living trust is for you. Your living trust attorney will have to draft the living trust a pour over will a living trust and probably several power of attorney documents i e property health etc.

If you are willing to invest some time using a high quality do it yourself product you could create just as good a trust yourself. You can use do it yourself books or software and pay around 40. The name of the person creating the trust called the grantor settlor or trustor. Like a will the purpose of a living trust is to distribute your estate at death.

Your attorney will also need to supervise the signing execution of all the documents to be sure they are done correctly. A living trust can resolve some of the most common family conflicts that may arise in the inheritance arena says santa monica calif attorney jeff condon. Find the best trust attorneys near you on yelp see all trust attorneys open now. Many people who want to create a living trust contemplate hiring a living trust lawyer.

Typically a living trust is best suited for an individual or married couple of substantial assets. Hiring a living trust lawyer can cost between 1 200 to 2 000 which does not itself guarantee you top quality service. Many individuals are successful in making a living trust on their own without the use of a living trust attorney.