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There are also ongoing costs for maintaining the trust, such as the trustee's fees and any expenses related to managing the trust's assets. It is not unusual in Texas for the cost of creating, funding and maintaining a living trust to exceed the cost of a simple Will and the entire probate process combined.

To make a living trust in Texas, you: Choose between establishing an individual or shared trust. Determine which assets will be included in the trust. Select a successor trustee. Determine the trust's beneficiaries or those who will receive the trust's assets. Create the trust document.

To create a living trust in Texas, you must find a licensed attorney familiar with the laws of trusts in Texas. The attorney will advise you on how best to manage your property through the trust and help you develop a document that outlines your wishes.

It can cost anywhere from $500 to $5,000 to create a living trust in Texas, depending on the complexity of your estate and whether or not you use an attorney. If you have a simple estate and are comfortable handling the paperwork yourself, you could get by with spending just a few hundred dollars.

Establishing a Living Revocable Trust in Texas typically costs anywhere between $750 and $2,500 or more, depending on the complexity and size of your estate. In order to ensure that your estate plan is created correctly, it is important to consult with a wills and trusts attorney who can help you navigate the process.

A trust is a legal document that names a trustee who will be responsible for managing the assets held in the trust for the benefit of whomever you decide should receive them. To create a living trust in Texas, you must find a licensed attorney familiar with the laws of trusts in Texas.