How Much Does It Cost To Set Up a Trust in Florida?

The cost of setting up a trust in Florida will vary depending on the complexity of the trust and the assets that need to be transferred into it. Generally speaking, most trusts cost between $1,000 and $3,000 to set up.

A trust is a legal arrangement in which property (such as money or property) is held by one party for the benefit of another. A trustee holds legal title to the property for the benefit of the beneficiaries.

The cost of establishing a trust varies depending on a number of factors, including but not limited to:

  • Whether or not an attorney is involved in drafting and reviewing documents;

  • How many trustees are appointed;

  • Whether or not an accountant is needed

Published: Sep 26, 2023

Updated: Jul 12, 2023

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This FAQ is for informational purposes only and does not constitute legal advice. We make no representations or warranties about this FAQ's completeness, accuracy, reliability, or suitability. Each legal situation is unique. Always consult an attorney for personalized guidance.

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