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How Much Does a Revocable Trust Cost in Florida?

How Much Does a Revocable Trust Cost in Florida?

I. Understanding Revocable Trusts in Florida: Your Guide to Estate Planning Costs

Often the first question we get asked about a Revocable Living Trust is "How much does a Revocable Living Trust Cost in Florida?"

Quick Answer to How much a Revocable Trust Costs in Florida: Revocable Trusts in Florida can be as inexpensive as $200, but most standard revocable trusts run $1500 from our firm.

To learn more about the costs of a Revocable Trust in Florida and issues that may effect the cost continue reading below.

Welcome to our comprehensive guide on the costs associated with setting up a revocable trust in Florida. As you navigate the complexities of estate planning, understanding the financial implications of creating a revocable trust is crucial. This article aims to shed light on the expenses involved, helping Florida residents make informed decisions about their estate planning strategies.

II. What is a Florida Revocable Trust?

What is a Revocable Trust?

A revocable trust, also known as a living trust, is a powerful tool in the realm of estate planning. It's a legal entity created to hold ownership of an individual's assets during their lifetime, with the flexibility to modify or revoke the trust as circumstances or intentions change. This dynamic feature distinguishes it from an irrevocable trust, which, once established, cannot be altered without the consent of its beneficiaries.

Key Characteristics of a Revocable Trust

Flexibility: The most notable feature of a revocable trust is its flexibility. The person who creates the trust, known as the grantor, retains the ability to change any trust terms, add or remove assets, or even dissolve the trust entirely during their lifetime.

Privacy and Probate Avoidance: Upon the grantor's death, the assets held in the revocable trust bypass the probate process, facilitating a smoother and faster transfer of assets to the beneficiaries. This not only maintains privacy but also reduces the time and expenses associated with probate court proceedings.

Control and Management:The grantor often acts as the initial trustee, managing the trust's assets according to the terms they've set. This arrangement provides a unique level of control over asset management and distribution, both during the grantor's lifetime and after their passing.

Continuity: In the event of the grantor's incapacity, a successor trustee, predetermined by the grantor, steps in to manage the trust's affairs. This seamless transition ensures that the grantor's financial matters are handled according to their wishes, without the need for court intervention.

Benefits of Establishing a Revocable Trust in Florida

Establishing a revocable trust in Florida is a strategic decision that offers numerous advantages for estate planning. Often referred to as a living trust, this flexible estate planning tool allows individuals to manage their assets efficiently during their lifetime while ensuring a smooth transition of their estate upon death. Here are the key benefits of setting up a revocable trust in the Sunshine State:

Avoidance of Probate

Streamlined Asset Transfer:** One of the most significant benefits of a revocable trust in Florida is the avoidance of probate. Assets held in the trust are transferred directly to the beneficiaries upon the grantor's death, bypassing the often lengthy and costly probate process.

Reduced Costs and Time:** By avoiding probate, the estate can save on the expenses and fees associated with court proceedings, and beneficiaries can receive their inheritance more quickly.

Enhanced Privacy

Confidential Estate Management: Unlike wills, which become public records through the probate process, revocable trusts offer a high degree of privacy. The details of the estate, including asset distribution, remain private, shielding the family's financial affairs from public scrutiny.

Flexibility and Control

Adaptable Estate Planning: Revocable trusts provide unparalleled flexibility, allowing the grantor to modify the terms of the trust, add or remove assets, and even dissolve the trust if desired. This adaptability is particularly valuable in responding to changes in life circumstances, financial situations, or estate planning goals.

Continued Management during Incapacity

In the event of the grantor's incapacitation, a successor trustee can immediately take over the management of the trust's assets. This seamless transition ensures that the estate is managed according to the grantor's wishes, without the need for court-appointed guardianship.

Asset Protection for Beneficiaries Controlled Distributions

A revocable trust can include specific provisions for when and how beneficiaries receive their inheritance. This feature is especially beneficial for protecting assets from beneficiaries' creditors, divorce settlements, or irresponsible spending.

Special Needs Considerations

For beneficiaries with special needs, a revocable trust can be structured to ensure they benefit from the estate without jeopardizing their eligibility for government assistance programs.

Simplified Estate Management

Consolidation of Assets: 

By placing multiple assets under the umbrella of a revocable trust, estate management becomes more straightforward. This consolidation simplifies the oversight of the estate, making it easier for the trustee to manage and for beneficiaries to understand their inheritance.

Estate Planning Peace of Mind: 

Knowing that your estate plan is in place, with mechanisms for privacy, flexibility, and asset protection, provides peace of mind to both the grantor and their beneficiaries. A revocable trust ensures that your estate planning objectives will be met efficiently and according to your wishes.


A revocable trust is an essential element of estate planning, offering a blend of flexibility, privacy, and control unmatched by other planning tools. For Florida residents, the advantages of establishing a revocable trust are particularly compelling, given the state's probate laws and the privacy concerns that many individuals prioritize. Whether for managing assets during one's lifetime, ensuring a smooth transition upon incapacity, or providing for loved ones after death, a revocable trust serves as a foundational component of a comprehensive estate plan.

III. Factors Affecting the Cost of a Revocable Trust in Florida

When considering the establishment of a revocable trust in Florida, it's crucial to understand the factors that can influence its cost. The creation of a revocable trust involves several components, each contributing to the overall expense. Below, we explore the key elements that affect the cost of setting up a revocable trust in the Sunshine State, offering insights for those looking to embark on this important aspect of estate planning.

Complexity of the Estate

Asset Variety and Volume: The more assets and the greater their variety (real estate, business interests, investments, etc.), the more complex the trust will be to structure. Complexity requires additional legal expertise and time, which can increase costs.Family Dynamics:** Unique family situations, such as blended families, provisions for minors, or managing care for dependents with special needs, can add layers of complexity that require specialized trust provisions.

Professional Fees: Attorney Expertise and Experience: Costs can vary significantly based on the attorney's level of expertise and experience in estate planning and trust law. Highly specialized attorneys may charge more but can also provide valuable insights and efficiencies that benefit complex estates.

Additional Services and Features

Trust Funding: Establishing the trust is just one part of the process; funding the trust with assets is another critical step. The process of transferring assets into the trust, such as real estate deeds or stock ownership, may incur additional legal fees or recording fees.

Tax Planning and Advice: Incorporating tax planning strategies into the trust design can add to the cost but can save significant amounts in estate taxes or provide other financial benefits in the long run.

Ancillary Costs

Notarization and Recording Fees: Certain documents may need to be notarized or recorded with local government offices, leading to additional fees.

Certification and Copying Costs: Obtaining certified copies of the trust agreement and other legal documents for financial institutions or other purposes can also contribute to the overall cost.

Maintenance and Amendment Fees

While not directly related to the initial setup cost, it's important to consider potential future expenses. Trusts may need to be amended due to changes in the law, family circumstances, or the grantor's wishes, which can incur additional legal fees.


The cost of establishing a revocable trust in Florida is influenced by a variety of factors, including the complexity of the estate, professional fees, additional services required for trust funding and tax planning, and ancillary costs. Given these variables, it's advisable for individuals to consult with experienced estate planning attorneys who can provide a clear understanding of the costs involved based on their specific situation. While the upfront investment may seem significant, the benefits of a well-structured revocable trust—ranging from probate avoidance to the seamless transfer of assets to beneficiaries—often outweigh the initial expense, making it a valuable component of comprehensive estate planning.

IV. Average Costs of Revocable Trusts in Florida

When planning for the future and considering the establishment of a revocable trust in Florida, one of the key questions that arise is: "How much will it cost?" Understanding the average costs associated with creating a revocable trust is crucial for anyone looking to undertake this important estate planning step. While costs can vary widely based on the complexity of the estate and the professional services required, this section aims to provide a general overview of what Floridians might expect to pay.

Basic Revocable Trust Setup Costs

Some single purpose Revocable Trusts can be as inexpensive as $200. While most straightforward estate plans with typical assets (such as a home, bank accounts, and a modest investment portfolio), the cost of setting up a revocable trust in Florida is typically around  $1,500 . This estimate includes the drafting of the trust document, explaining the document and instructions on how to fund the documents. We do not charge extra for a signing at our office  Other documents to consider might include a pour-over will (which covers any assets not placed in the trust), powers of attorney for finances and healthcare, deeds for real estate, and a living will.

Complex Estate Considerations

For estates with higher levels of complexity—such as those including multiple real estate properties, business interests, or requiring special provisions for beneficiaries—the costs can increase. In these cases, fees might range from $3,000 to $5,000 or more. The increase in cost reflects the additional time and expertise needed to address complex legal, tax, and financial planning issues.

Professional Fees Structure

Hourly vs. Flat Fees: Some attorneys charge by the hour, while others offer flat-fee arrangements for trust creation. Hourly rates for estate planning attorneys in Florida can vary widely, typically ranging from $400-$850 per hour. A flat fee might be more predictable and can provide peace of mind for clients looking to manage their budget effectively. Most of our revocable trusts are priced on a flat fee which is discussed prior to our work beginning.

Experience and Reputation: The attorney's level of experience and reputation can also affect pricing. Lawyers with extensive experience in Florida estate planning and trust law may command higher fees but can also offer valuable insights and efficiencies.

Additional Costs to Anticipate

Beyond the basic legal fees for drafting and executing a trust agreement, there may be additional costs to consider:

Trust Funding: Transferring assets into the trust, such as deeds for real estate or titles for vehicles, might incur additional fees.

Tax Planning: If the trust includes sophisticated tax planning strategies, this could increase the overall cost.

Maintenance and Amendments: Over time, trusts may need to be reviewed and possibly amended, which could result in further legal fees. Many of our estate plans come with the ability to ask unlimited questions without any additional charge.


While the initial investment in establishing a revocable trust in Florida can vary, the benefits—ranging from probate avoidance and privacy protection to the ability to specify detailed instructions for asset distribution—often justify the cost. It's essential for individuals to discuss their specific estate planning needs and budget with a qualified Florida estate planning attorney who can provide a more precise estimate based on their unique situation. Ultimately, investing in a revocable trust is an investment in peace of mind, ensuring that one's estate is managed and distributed according to their wishes with minimal complications.

V. Choosing a Legal Professional Selecting the Right Estate Planner for Your Revocable Trust in Florida

Establishing a revocable trust is a crucial step in ensuring your estate is managed according to your wishes, both during your lifetime and after your passing. The attorney or estate planner you choose to work with plays a pivotal role in the success of this endeavor. Their expertise, experience, and understanding of Florida estate law can greatly influence the effectiveness of your estate planning strategy. Here are key considerations to help you select the right legal professional for your needs in Florida:

Experience and Estate Planning Focus

Estate Planning Focus: Look for a legal professional whose primary focus is estate planning. Focusing in this area often means they are up-to-date on the latest laws and best practices.

Revocable Trust Expertise: Within the realm of estate planning, experience with revocable trusts in Florida is essential. Ask potential attorneys about their history with trust creation and administration to gauge their expertise.

Client Testimonials: Positive feedback from previous clients can provide insight into an attorney's performance and client service quality.

Understanding of Florida Estate Law

Local Knowledge: Florida has unique estate and trust laws. It's important to work with someone who has a thorough understanding of these regulations to ensure your trust complies with state-specific requirements.

Updates and Changes: A good estate planner stays informed about changes in the law that could affect your estate plan, including tax implications and procedural updates.

Fee Structures

Transparency: An attorney should be upfront about their fee structure, whether they charge a flat fee for trust creation or hourly rates for their services. Understanding how fees are determined will help you budget appropriately and avoid surprises. We find that flat fees work best for most of our clients.

Value Over Cost: While cost is an important consideration, the cheapest option may not always offer the best value. Consider the attorney's experience, reputation, and the level of service they provide when evaluating their fees.

Consultation Fees: Some attorneys charge for an initial consultation, while others offer this meeting free of charge. This initial meeting is an opportunity to assess compatibility and understand the attorney's approach to estate planning. Most clients will qualify for a Free Initial Consultation if they complete our Estate Planning Intake Form

Communication and Compatibility

Personal Rapport: Establishing a trust is a personal and often complex process. It's important that you feel comfortable discussing your personal and financial matters with your attorney.

Clear Communication: Your estate planner should be able to explain complex legal concepts in understandable terms. A good attorney will ensure you are fully informed about your estate planning options.

Professional Credentials and Associations

Bar Association Membership: Membership in the Florida Bar Association and other relevant professional organizations indicates a commitment to their field and adherence to ethical standards.

Continuing Education: Ongoing education in estate planning and trust law is a good sign that an attorney is keeping current with the field.


Selecting the right legal professional for your revocable trust in Florida is a critical decision that can impact the effectiveness of your estate plan. By considering their experience, specialization, understanding of local laws, fee structures, communication style, and professional credentials, you can find an estate planner who aligns with your needs and goals. Investing time in this choice ensures that your estate is in capable hands, providing peace of mind for you and your loved ones.

VI. Additional Costs to Consider Comprehensive Costs of a Revocable Trust in Florida

When setting up a revocable trust in Florida, it's important to look beyond the initial costs associated with its creation. Several additional expenses can arise during the life of the trust, as well as in the process of funding and maintaining it. Understanding these potential costs will help you budget effectively and avoid surprises down the road. Here’s a breakdown of comprehensive costs associated with a revocable trust in Florida:

Funding the Trust

Asset Transfer Fees: Transferring assets into the trust may incur fees, especially for real estate or financial accounts that require official title changes. These can include recording fees for real estate deeds or fees for re-titling investment accounts. We often are able to quote a flat fee for help transferring your assets and trust funding assistance.

Appraisal Costs: Certain assets may require a professional appraisal to determine their value before being transferred into the trust, particularly if the asset's value is not readily apparent.

Trust Administration Expenses

Trustee Fees: If you appoint a professional trustee rather than managing the trust yourself or appointing a family member, expect to pay for their services. Professional trustees charge either a percentage of the trust's assets, a flat fee, or hourly rates.

Legal and Accounting Fees: Ongoing legal advice may be necessary for complex trust administration matters, and accounting fees can accrue for annual tax preparation or financial advice related to the trust's assets.

Maintenance and Amendment Costs

Amendment Fees: Over time, it may become necessary to amend the trust due to changes in your wishes, family circumstances, or legal and tax regulations. These amendments typically require legal assistance and can incur costs depending on the complexity of the changes.

Restatement Fees: In some cases, a trust may require a complete restatement, essentially rewriting the document to incorporate numerous changes. This can be more cost-effective than multiple small amendments but still involves considerable legal work.

Successor Trustee Preparation

Successor Trustee Training: If you appoint a family member or friend as the successor trustee, you might consider providing them with formal training or resources to ensure they understand their responsibilities and the legal implications of their role. While not always a significant expense, it’s an important consideration for the smooth operation of the trust.

Miscellaneous Expenses

Certification of Trust Fees: Financial institutions or other entities may require a Certification of Trust, which verifies the trust's existence and your authority to act on its behalf. Obtaining this certification can involve a nominal fee.

Notarization and Document Preparation: Some transactions or amendments may require notarization or special document preparation, adding to the overall cost. When needing a notarization in our office for a document we prepared, we do not charge for this service as it will be include in the flat fee.


While a revocable trust offers numerous benefits, including probate avoidance and estate privacy, it's essential to account for the full spectrum of costs involved in its creation, funding, maintenance, and administration. By planning for these additional expenses, Floridians can ensure their estate planning efforts are both effective and financially manageable, securing peace of mind for themselves and their beneficiaries.

VII. DIY or Professional Help? Establishing Your Revocable Trust in Florida

Weigh the benefits and drawbacks of creating a revocable trust on your own versus enlisting professional assistance. While DIY options can be cost-effective, the expertise of a seasoned Florida estate planning attorney can mitigate risks and ensure your trust aligns with state laws.

VIII. FAQs Frequently Asked Questions: Revocable Trust Costs in Florida 

When planning for the future, understanding the costs associated with setting up a revocable trust in Florida is crucial. Below, we address some of the most common questions regarding the financial aspects of creating a revocable trust in the Sunshine State.

Can the Cost of a Revocable Trust be Deducted on Taxes in Florida?

One common query is whether the expenses involved in setting up a revocable trust in Florida are tax-deductible. Generally, the costs associated with creating and funding a revocable trust are not deductible for income tax purposes. This includes attorney fees and any costs related to transferring assets into the trust. Consulting with a Florida-based tax professional can provide personalized advice tailored to your specific situation.

How Long Does the Process of Setting Up a Revocable Trust Take in Florida?

The time required to establish a revocable trust in Florida can vary significantly based on the complexity of your estate and the efficiency of your legal representation. Simple trusts might be completed within a few weeks, while more complex arrangements could take several months to finalize. Choosing an experienced Florida estate planning attorney can streamline this process, ensuring your trust is established promptly and correctly.

What Happens to the Revocable Trust After the Grantor's Death in Florida?

Upon the death of the grantor, a revocable trust becomes irrevocable in Florida. The trustee then assumes the responsibility of managing the trust's assets according to the terms outlined by the grantor. This process includes distributing assets to beneficiaries, paying any remaining debts or taxes, and potentially managing any ongoing financial provisions specified in the trust. This phase underscores the importance of a well-drafted trust document, guiding the trustee in fulfilling the grantor's wishes without the need for probate court involvement.

Are There Any Ongoing Costs Associated With a Revocable Trust in Florida?

After the initial setup, a revocable trust in Florida may incur minimal ongoing costs. However, there could be expenses related to the management and administration of the trust, especially if the trustee is a professional who charges for their services. Additionally, amendments to the trust or changes in legislation may necessitate legal consultations, potentially incurring further costs. It's advisable to budget for these possibilities to ensure smooth trust management over time.

IX. Final Thoughts: Planning Your Estate with a Revocable Trust in Florida

As we conclude our exploration of the costs and considerations involved in establishing a revocable trust in Florida, it's clear that this estate planning tool offers significant benefits for managing and protecting your assets. A revocable trust not only provides flexibility and privacy but also allows for the seamless transfer of your estate to your beneficiaries, bypassing the often lengthy and public probate process.

Key Takeaways for Florida Residents:

  1. Cost-Effectiveness: While the initial setup of a revocable trust in Florida involves some expense, the cost savings from avoiding probate, as well as the streamlined management of your estate, can be considerable over time.
  2. Flexibility and Control: A revocable trust grants you the ability to modify or revoke the trust as your life circumstances or wishes change, offering unparalleled control over your assets during your lifetime.
  3. Privacy Protection: Unlike wills, which become public records during the probate process, revocable trusts maintain the privacy of your estate details and financial affairs.
  4. Avoiding Probate: Perhaps the most compelling reason to establish a revocable trust in Florida is to avoid the probate process, ensuring a smoother and faster transfer of assets to your beneficiaries.
  5. Comprehensive Estate Planning: A revocable trust is a key component of a comprehensive estate plan, working in concert with other estate planning documents to fully protect and manage your assets according to your wishes.Consulting with a Professional:

While the allure of do-it-yourself solutions is understandable, the complexity of estate law and the specific nuances of Florida statutes make consulting with an experienced estate planning attorney invaluable. A legal professional can guide you through the intricacies of creating a revocable trust tailored to your unique situation, ensuring your estate plan meets all legal requirements and accurately reflects your wishes.

Embrace the Journey:

Estate planning, including the creation of a revocable trust, is a profound step towards securing your legacy and providing for your loved ones. While the process may seem daunting at first, the peace of mind and security it offers are immeasurable. While many firms can stretch the process on for months and make it seem daunting,  We make it simple, quick and efficient. Many of our estate plans can be completed within weeks of our initial meeting. Florida residents have a unique opportunity to leverage estate planning tools like revocable trusts to their advantage, ensuring their wishes are honored and their assets are protected.

As you move forward with planning your estate, remember that the journey is as important as the destination. Taking the time to understand the costs, benefits, and procedures involved in setting up a revocable trust in Florida will empower you to make informed decisions that reflect your values and goals, ensuring a lasting legacy for generations to come.

X. Take the Next Step: Secure Your Estate with a Florida Revocable Trust

Encourage readers to act on their estate planning goals by contacting a reputable Florida estate planning attorney. Offer resources like free checklists or guides to preparing for a revocable trust consultation, making it easier for them to begin their estate planning journey.  To start give us a call, compete out intake form or use the contact us page.

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