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Vermont Estate Tax Exemption If your estate is worth less than $5 million, it will not be subject to estate tax in Vermont. Even if your estate happens to be more than $5 million, only the amount over $5 million will be subject to the estate tax, which is applied at a flat rate of 16%.

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The cost of creating a will in Vermont can range from roughly $250 to $1,000. A Vermont trust typically costs anywhere between $900 and $3,450. At Snug, any member can create a Power of Attorney and Health Care Directive for free. A Will costs $195 and a Trust costs $500.

Creating a Will in Vermont There are certain requirements which must be met for a will made in Vermont to be considered legal. The law requires that: The maker of the will (called the testator) be at least eighteen (18) years old and of sound mind. The will must be written.

You do not need a lawyer to draft your will, but it is a good idea to have a lawyer do it. While there are many forms available on the internet, they are not all valid or good. Many are not written with Vermont laws in mind.

No, in Vermont, you do not need to notarize your will to make it legal. However, Vermont allows you to make your will "self-proving" and you'll need to go to a notary if you want to do that. A self-proving will speeds up probate because the court can accept the will without contacting the witnesses who signed it.