Do It Yourself Living Trust Will

A living trust will avoid probate. You can do it yourself if you have the right resources. You can take the money you save on attorney fees and buy a 52 inch plasma TV.

A living trust will cost thousands of dollars if you have an attorney draft it for you. The exact amount can vary widely and depends on your individual circumstances:

The type, amount and location of the property you own;
The make up of your family;
The state you live in; and
The attorney you hire.

The biggest variable is the attorney you hire. In our law practice, a living trust will cost between $2,000 to $3,000 for a single person and between $3,000 and $4,000 for a married couple

If you do it yourself and you certainly can do it yourself the living trust will cost between $29.95 to a couple of hundred dollars.

If you are going to undertake the task of drafting your own Living Trust you will want to do a little research into what it takes to create and fund your trust. You can find a great many resources on the internet including a free e-course at http://www.diylawyer.net/Living-Trust-E-Course.html .

In addition to the Living Trust Agreement, look for resources that help you draft the supporting documents such as the following:

Pour Over Will;
Power of Attorney;
Declaration of Trust;
Certificate of Trust;
Funding Letters.

Drafting and funding a living trust yourself can greatly reduce what a living trust cost will. There is nothing magical about having an attorney do it for you. You can do it yourself if you take the time to get educated and in the process save thousands of dollars. Think about what you can do with the money you save, especially in today's economy.