How much does a special needs trust cost?

A special needs trust usually costs about 2,000 to 5,000 dollars or more to set up through an attorney, given how carefully it must be drafted to protect government benefits. There may also be ongoing trustee and administration fees over the years. Because the stakes are high, a mistake could cost the beneficiary their Medicaid or Supplemental Security Income, this is not a place to cut corners with a generic template. An experienced special needs attorney is well worth it.