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The cost of setting up a trust in Colorado varies depending on the complexity of the trust and the attorney's fees. A basic Revocable Living Trust generally ranges from $1,000 to $3,000. More complex trusts can cost several thousand dollars more.

(1) Subject to the provisions of section 15-10-108 and to subsections (2), (3), and (4) of this section, the trustee of a trust having its principal place of administration in this state shall, within thirty days after his acceptance of the trust, register the trust in the court of this state at the principal place of ...

If you name yourself trustee, you'll need someone to serve as the successor trustee for when you die. This will be the person to distribute your property after you've died, so make sure you trust the person. Create the trust document: You can do it yourself with an online program or get the help of a professional.

Colorado law does not require a power of attorney to be witnessed or notarized. Despite the law, it is considered best practice to have the document signed, notarized, and witnessed by two people. Why? The signature is presumed to be genuine if the power of attorney is notarized.

Steps to Create a Will in Colorado Decide what property to include in your will. Decide who will inherit your property. Choose an executor to handle your estate. Choose a guardian for your children. Choose someone to manage children's property. Make your will. Sign your will in front of witnesses.

A notary is not required in order for the trust agreement to be valid, although a preferred method to ensure the validity of the document in the event of a challenge. Minimum Requirements for Validity: Signed by the grantor. Eligible? Yes.