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How much does it cost to set up a living trust in Colorado?

The first, and most often used reason to have a trust is to avoid the probate process needed for a will. A living trust can avoid probate. A living trust can also help with passing assets on to your loved ones with greater ease of transfer. And a living trust can allow you to control assets after you die.

What is the biggest mistake parents make when setting up a trust fund?

We charge $999 for a trust, which includes a durable power of attorney and living will, which is significantly less than a probate attorney will cost. Not only does it make sense in terms of dollars and cents, but making your wishes clear ahead of time avoids the emotional toll of family infighting.

How to transfer property into a living trust in Colorado?

Selecting the wrong trustee is easily the biggest blunder parents can make when setting up a trust fund. As estate planning attorneys, weve seen first-hand how this critical error undermines so many parents good intentions.

How do I transfer my property to a living trust in Colorado?

To transfer your house into a Living Trust, you want to prepare a deed to transfer ownership of the house from you into the trust. In Colorado, you can use a Quitclaim Deed, Warranty Deed, General Warranty Deed, or a Special Warranty Deed to transfer ownership into the trust.