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Assuming you decide you want a revocable living trust, how much should you expect to pay? If you are willing to do it yourself, it will cost you about $30 for a book, or $70 for living trust software. If you hire a lawyer to do the job for you, get ready to pay between $1,200 and $2,000.

To set up a Living Trust, you first create a Revocable Living Trust document and appoint a trustee. You may then list the property you will place in the trust, as well as your beneficiaries. After executing your Living Trust document properly, you will need to transfer your property into the trust.

A living trust is an important part of your estate plan. Most people can create a living trust without an attorney using software or an online service.

List Your Assets and Decide Which You'll Include in the Trust.Gather the Paperwork.Decide Whether You Will Be the Sole Grantor.Choose Beneficiaries.Choose a Successor Trustee.Choose Someone to Manage Property for Minor Children.Prepare the Trust Document.Sign and Notarize.More items...

Here are the steps in making your living trust:Complete the trust document. The document creating the trust is called a declaration of trust.Sign and notarize the trust document.Transfer property into the trust.Transfer business interests into the trust.Store your living trust document.Draft supplemental documentation.Mar 30, 2021

Just about any writing will suffice to make a valid Trust amendment. Having the writing typed is not legally required. That's really the point of Trust amendments, to allow a Settlor to express his or her intent as easily as possible. As long as the Trust terms are followed, any writing will do.

Create an amendment to your trust. Type the amendment so that it specifically states the trustee that you wish to add. Indicate whether you wish to remove an existing trustee, in addition to naming a new one. Specify that the trustee you are adding is a co-trustee, rather than a successor trustee.