It would cost $2500-3000 to set up a Trust. The attorney's office would handle all the paper work to properly title assets. Expensive yes but less expensive that Probate and inusing attorney expenses.Whoa! I had my revocable trust/will/health power thing set up by an attorney that specializes in this field. $700 fee for the whole thing. He did everything and it is quite involved. I live in Ohio and a revocable trust is necessary.BTW, My IRA is NOT in the trust. Since I am widowed, my beneficiaries are my children and GKs. My house, car, bank account, taxable brokerage account, (not sure about life insurance) all are in the trust. I also have a living will to hand out to docs and hospital. My daughter is named as Power of Attorney for my health. No one is named to handle my money.I have read that it can cost a lot for an attorney to make up a trust...glad mine was not one of those. I do have to say, it was some time ago that I made this up....I should be going back for a "free" review.Birgit
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