What are the costs associated with creating wills and trusts?
An example of an AI chatbot conversation about the costs of wills and trusts.
What are the costs associated with creating wills and trusts?
The costs can vary widely depending on factors like complexity, location, and whether you use an attorney or online service.
Can you give me a rough estimate for a simple will?
A simple will typically costs between $300 to $1,000 if done through an attorney, while online services may charge around $100 to $300.
What about trusts? Are they more expensive?
Yes, trusts are generally more expensive. A basic revocable trust can range from $1,000 to $3,000, depending on the complexity.
Are there any ongoing costs with trusts?
Yes, there can be ongoing costs such as trustee fees, tax preparation, and potential legal fees for modifications.
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