A living trust is a trust created during life to either save tax money or establish a long term way to manage property.
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Some charge by the hour while others have a flat rate for writing a living will.
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One of the most significant drawbacks to hiring an attorney is the cost of retaining an estate planning attorney or firm to prepare your living trust.
If you are interested in creating a living trust a great first step is to do a little research to familiarize yourself with the basics.
Many people who want to create a living trust contemplate hiring a living trust lawyer.
The cost typically ranges from 250 to 500 depending on your attorney s fees.
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Living trusts are specifically designed to avoid probate and are also used to safeguard financial privacy and manage assets should the owner pass away or become incapacitated.
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