As a Ventura County estate planning law firm specializing in life insurance trusts, our firm commonly recieves questions about life insurance trust pros and cons. We have a team of experts with the legal knowledge to answer questions about the process of choosing a life insurance trust, and what the benefits of proper estate planning can be.
Our firm can provide expert legal services as estate planning attorneys. We are a Southern California based law firm in business since 1985. We specialize in life insurance trusts and estate planning matters.
To learn more about life insurance trusts, or if you would like a free consultation to learn if a life insurance trust is right for you, please do not hesitate to contact us at (805) 482-2282, or e-mail us.
How Much Does it Cost to Administer a Trust?
Fees for trust administration are hourly and generally quite a bit less than for the same size probate. The attorney will review the trust terms, discuss your responsibilities, and provide assistance throughout the administration process. Much of the work will depend on the size, complexity, and number of beneficiaries of the Trust. Most trusts also pay a fee to the successor trustee.
Tax preparer fees are also necessary, and will vary depending on the size, complexity, and number of beneficiaries of the Trust. Other costs typically involve appraisal fees and insurance premiums for real or personal property. Nonetheless, the costs associated with a trust administration tend to be less than a probate. For example, there will not be any court filing fees or costs for publishing legal notices.
How Can I Find Out More?
To learn more about trust administration, or if you would like a consultation to begin trust administration, please do not hesitate to contact us at (805) 482-2282, or e-mail us.
It is our privilege to guide clients through estate planning decisions
