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.
The value is $5,120,000 for taxpayers dying in 2012. The assets of a revocable trust are counted as the grantor's assets for gift tax purposes; however, the assets of an irrevocable trust are not counted as part of the grantor's estate.