Is it expensive to create a revocable living trust?
A revocable living trust often costs more than a simple will. However, a properly executed and well-drafted revocable living trust usually allows a person's family to avoid probate after their passing, which would save significantly more than the cost of the revocable living trust itself. Also, different attorneys charge different amounts for their services. Remember that you are always welcomed to shop for an attorney to ask attorneys how much they charge and to determine whether or not you are being charged a fair price for a document. If you don't shop for a properly qualified attorney who's going to charge you a fair price, you may pay too much for a revocable living trust or any other legal document that you have drafted.