Estate planning·Trusts

How much does an irrevocable trust cost?

An irrevocable trust typically costs more than a basic living trust because it involves more complex drafting and tax considerations, often running from about 3,000 to 7,000 dollars or more. The exact price depends on the type of trust and your goals, such as asset protection or estate tax planning. There may also be ongoing costs for tax filings and trustee fees. Because these trusts are hard to undo, working with an experienced attorney is essential.

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