Question 14: Cost of a Living Trust?

• How much does a Living Trust cost?  What all is included in that fee? A complete Living Trust package prepared by Barry Peters will cost just $1,495⁰⁰.  That will include the:
  • Living Trust Agreement;
  • Wills;
  • Warranty Deeds covering all real estate owned in Idaho;
  • Affidavit Regarding Residence of Trust (to preserve homeowner’s exemption for property taxes);
  • Powers of Attorney; and
  • Living Wills (which inform your family and physicians regarding the medical care that you desire in the event that you are in a coma).

The only documents not included in that package are deeds transferring out-of-state real estate into the Trust.  We will arrange for the preparation and recording of those deeds through a local title company and their fees (usually around $200⁰⁰) will be added to the total.  Our fees will not be increased for arranging those details.

For additional information on this topic, see blog discussion here.