at a snailâs pace Very slowly, at an exceedingly slow rate of movement or progress. According to one source which claims to have actually measured its speed, a snail moves at the rate of one mile in fourteen days.
Typically, a standard revocable trust starts at around $700 â $900. But that price can go up to $3,000+ depending on the complexity of the trust and the property involved. There are ways to minimize the expense. For example, if you just want one piece of property in a simple revocable trust then some estate planning attorneys in Salt Lake City will drop the price below $700. However, there are more costs than attorneyâs fees. Funding a trust can be a very expensive endeavor.
However, a common misconception is that a revocable trust -- also called a living trust or inter vivos trust -- can protect your assets from creditors. If your assets are held in a revocable trust, you can be sued and the assets in your trust are subject to collection procedures if you lose the lawsuit.