A: There is no set price for setting up a Blaine trust. It all depends on the type of trust you choose, the assets involved, the complexity of the estate, and the amount of work required by a trust lawyer to finalize it. Speak with your trust lawyer to discuss pricing for your unique circumstances.
Blaine Trusts Lawyer
Blaine Trusts Attorney
Trusts can be a valuable part of a comprehensive estate plan, and can put you in control of how your assets are distributed, giving you peace of mind. A Blaine trusts lawyer can help you determine what sort of trust will assist those you care about after your passing. Trusts are not just for the wealthy. Whether you reside in Lexington Meadows, Johnsville, or another neighborhood in our city, anyone can benefit from creating a plan for leaving something behind for those they care about.
At Trek & Trust Law, we have experience helping families in Blaine and our northwest neighbors in Elk River plan for the future. We can examine the specific details of your estate and decide what type of trust is most suitable for you. It is imperative that the trust you choose aligns with your goals and is set up correctly. Our legal team has extensive experience helping the community of Minneapolis-St. Paul Metro area, including creating trusts to help you avoid probate and certain taxes. Get personalized Trust planning advice for your estate. Call Trek & Trust today.
What Is a Trust?
A trust, in general terms, is a legal arrangement between three parties. The first is the grantor, who is the one who creates the trust and assigns assets to it. The trustee is the person who manages the trust and is in charge of carrying out the grantor’s wishes after their passing. This can be a spouse, child, or a trust lawyer. Finally, there is the beneficiary. These are the people who receive the assets from the grantor after they have passed, a process that the trustee oversees.
Hire A Blaine Trusts Lawyer
Setting up and maintaining a trust is a complex process and requires the knowledge and skill of an experienced trust lawyer who is well-versed in estate planning law. A trusts attorney can help you choose the type of trust and maintain it so you can focus on other things. The following are just a few things that a trusts lawyer can help with:
- Choosing a trust. There are various trusts available in Minnesota to choose from. A revocable living trust is one that is flexible and easier to change, whereas an irrevocable trust is one that cannot be modified but can potentially avoid probate and some taxes.A charitable trust is one that specifies how you wish assets to be donated to a named charity. Bypass trusts are useful if you are married in order to help support your spouse after your death. The specifics of which trust fits your situation can be determined by a seasoned trust lawyer.
- Establishing the trust. Trust attorneys can help you create a legally enforceable trust established by state code. If the trust is not administered or created properly, it may not be enforceable.
- Maintain your trust. Family dynamics can change after you start a trust. A trust lawyer can help draw up amendments to meet the current needs. Additionally, state laws around trusts can change, as seen in the 2025 legislative session. Your trust lawyer from Trek & Trust Law can explain how these new laws may affect you.
- Trusts litigation. Unfortunately, issues can arise with trusts that require legal litigation. A trustee or beneficiary may raise grievances with one another, believing that the other is acting in bad faith. A trust lawyer can smooth out the process and help avoid any potential family conflicts.
FAQs
Q: Why Should You Set Up a Trust in Minnesota?
A: There can be many benefits to setting up a trust. The probate process can be time-consuming and expensive. A trust can help your family avoid probate. Another reason is that assets in a trust may either avoid or mitigate the estate taxes or other fees. Unlike the probate process, a trust distribution is a private process, saving all grieving parties from a trip to public court. A trust can help lessen the load for those left after your passing.
Q: Do You Need a Will or Trust in Minnesota?
A: It is not legally required to have a will or trust in Minnesota, but it is highly recommended to determine how your assets will be distributed after your passing. If there is no will or trust, the State of Minnesota has intestate succession guidelines that the court will follow and determine how your belongings will be dispersed.
You can lose control over how your loved ones receive your assets, leading to potential conflicts during the legal proceedings. These probate cases may also be more expensive for those you leave behind.
Q: What Are the Negatives to a Trust vs a Will in Minnesota?
A: Although there are plenty of positives to a trust, there are some negatives to keep in mind when considering between a trust and a will. The first is the upfront costs. Trusts can often require a larger fee at the beginning and are more complex to set up. Another negative is that a trust requires upkeep, while a will generally needs less attention after being finished. However, many believe the benefits of having both are preferable to just one or the other.
Contact a Blaine Trusts Lawyer Today
Discussing end-of-life decisions is difficult. A 2025 study showed that only 24% of Americans had a will and 13% had a trust. Although it is understandable to put off these decisions, it is much better to have all of your legal details in place for peace of mind.
At Trek & Trust Law, you are more than just a client. You are a neighbor choosing to protect your loved ones when you are no longer here. Contact us today so we can meet you and start creating a comprehensive estate plan that suits your needs. You may also schedule a visit to our Elk River offices—located off of Joplin Street NW, across the street from the Sherburne County Fairgrounds.
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