Living Trust for Husband and Wife with No Children - Connecticut 2025

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Joint trusts are the best trusts for married couples who are very stable and secure in their future plans. This couple will most likely be the joint co-trustees of their assets and enjoy a great deal of flexibility over the trust while they are alive.
If you hire an attorney to set up your trust, you might pay between $1,000 and $4,000.
There is no minimum. You can create a trust with any amount of assets, as long as they have some value and can be transferred to the trust. However, just because you can doesnt necessarily mean you should. Trusts can be complicated.
While Trusts may not be as critical for DINK couples as for those with children, they can still offer advantages. Revocable Living Trusts provide privacy, streamline asset transfer, and can bypass probate for chosen beneficiaries.
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.
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Establishing and maintaining a trust can be complex and expensive. Trusts require legal expertise to draft, and ongoing management by a trustee may involve administrative fees. Additionally, some trusts require regular tax filings, adding to the overall cost.

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