Living Trust FAQ

An introduction to living trusts -- a popular way to avoid probate.

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Questions:

Answer:

Is it expensive to create a living trust?

A basic living trust isn't much more complicated than a will, and you probably won't need to hire a lawyer. With a good self-help book or software program, you can create a valid Declaration of Trust (the document that creates a trust) yourself. If you run into questions that a self-help publication doesn't answer, you may need to consult a lawyer, but you probably won't need to turn the whole job over to an expensive expert.

Ready to Create a Living Trust?

You can make a trust yourself--online or on your computer--or get help from a lawyer
Nolo's Online Living Trust We'll take you through a step-by-step interview, asking all necessary questions and explaining legal issues along the way. Start creating your living trust now.
Nolo's Living Trust Maker This stand-alone software also uses a simple step-by-step interview, but doesn't require Internet access. Buy the software.
Make Your Own Living Trust, by Denis Clifford This bestselling book provides all the forms and instructions you need to make your living trust. Buy the book
Talk to a Lawyer If you have questions about your situation or a thorny estate planning issue, get advice from an estate planning lawyer.
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