Notarize Legal Louisiana Living Trusts Forms For Free

A trust can be a simple yet very flexible estate planning tool that we often use to avoid the tedious and costly probate process. A Will is designed for one thing ? to be probated. Probate in Louisiana is when we file your Will with the courts after you pass away.

The cost of creating a trust in Louisiana varies, but a basic Revocable Living Trust generally ranges from $1,000 to $3,000. The cost may be higher for more complex trusts or if you require the assistance of an attorney. Online legal services can offer more affordable alternatives for creating trusts.

For a married couple, the a Revocable Trust will avoid probate for each spouse (double benefit with a single joint trust). The cost of a revocable trust is usually less than the cost of a probate, but cost alone should not be the driving factor for creating a revocable trust in Louisiana.

How to Create a Living Trust in Louisiana Decide which type of trust you want. ... Take stock of your property. ... Pick a trustee. ... Create a trust document, either by yourself using a computer program or with the help of a lawyer. Sign the trust in front of a notary public. Put your assets inside the trust.

Often, a simple will is enough to satisfy heirs and protect the estate from intestacy. However, what works for a simple estate will not work for every estate. For many residents in Louisiana, a revocable living trust could facilitate a more efficient succession.

The assets in your last will will be subject to probate court, a time intensive and expensive legal process. A living trust in Louisiana can help you avoid these additional costs. Find out more about living trusts and how one could help you.