Wills & Trusts in Charlotte, NC

Common questions about wills & trusts

How much does a will or trust cost in Charlotte?

Rough ranges: a simple will often runs a few hundred dollars, and a basic package with a will, power of attorney, and health care directive commonly runs $500 to $1,500. A revocable living trust usually costs about $1,500 to $4,000 or more, depending on complexity. Ask whether the fee is flat and whether funding the trust is included.

How often should I update my will or trust?

Review it every three to five years, and sooner after a marriage, divorce, birth, death in the family, move, or major change in assets. Also update beneficiary designations on retirement accounts and life insurance, because they override the will.

Do I need a trust, or is a will enough?

A will is enough for many people with modest estates and simple families. A trust is worth considering if you want to avoid probate, manage assets for minor or vulnerable beneficiaries, or own property in more than one state. An attorney can tell you which fits.

What should I expect at the first meeting?

Expect questions about your family, assets, debts, and who you want as executor, guardian, and agent. Bring account statements, property deeds, and existing documents. Many firms then draft the documents for review and hold a signing with witnesses and a notary.