Q: hi, i am interested in a revocable trust or irrevocable trust for our home and what does it cost to do.
i want to keep our 13 year old daughter out of probate court incase of our death.. i am 59.5 and wife is 66 years old.. we have not done a will either and not sure what that would cost. or the what the cost of a trust would be..
A: Lawyers in Rhode Island charge different rates for estate plans. Some would charge $2000, some $4000, and some would charge more such as $10,000. The higher end lawyers are doing tax work that is for wealthy families. For middle class families that have the usual set of assets including a house, cars and some accounts, you could get a good trust with wills and powers of attorney for about $2000.
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