A trust is a legal arrangement where you put your assets under a trustee to hold for the people you choose. The most common kind — a revocable living trust — lets your family skip probate, keeps things private, and works even if you’re incapacitated.
At Discount Lawyers, a will plus a family trust is a flat $1,399, prepared by a licensed Nevada attorney.
“Trust” sounds like something rich people set up for their grandkids. It isn’t. If you own a home or you have children, a trust is probably the most useful document you don’t have yet. Here’s the plain-English version.
What is a trust, really?
A trust has three roles — and with a living trust, you can be all three at once while you’re alive:
- The grantor — you, the person who creates the trust and puts assets into it.
- The trustee — the person who manages what’s in it. That’s usually you, until a “successor trustee” you name steps in.
- The beneficiaries — the people who receive what’s in the trust. Your spouse, your kids, whoever you choose.
That’s it. A trust is really just a container with instructions: you fund it, a trustee manages it, your beneficiaries receive it — no court required.
What does a trust actually do for my family?
Three things, and each solves a specific problem. It keeps your family out of probate — the public Nevada court process that can take 12 to 18 months and cost thousands. It keeps your affairs private, unlike a public probate file. And it protects you if you’re ever incapacitated, because your successor trustee can step in right away to manage things — something a will can’t do, since a will only speaks after death.
Revocable or irrevocable — which is which?
When people say “living trust,” they almost always mean a revocable one: you keep full control and can change or cancel it anytime. An irrevocable trust generally can’t be changed once it’s set up, but it offers stronger tax and asset protection for larger or higher-risk estates. For most Nevada families, revocable is the right starting point — control now, protection for your family later.
Do I still need a will if I have a trust?
Yes — and this surprises people. Even with a trust, you want a “pour-over will.” It names a guardian for your children (a trust can’t do that) and acts as a safety net for anything you forgot to move into the trust. Think of the trust as the main plan and the will as the backstop. That’s why our $1,399 package includes both.
Being straight with you: a trust only works if it’s “funded” — meaning your home and accounts are actually retitled into it. An unfunded trust is an empty box, and your estate goes through probate anyway. When we set yours up, we handle the funding. That’s the step DIY kits quietly skip.
What does a trust cost in Las Vegas?
Nationally, an attorney-drafted living trust package often runs $2,500 to $3,000. At Discount Lawyers, a will and a family trust together are a flat $1,399, with Affirm financing if you’d rather pay monthly. Same real, licensed attorney — the discount is in the price, never the service. If you’re weighing a will against a trust, our guide on a living trust vs. a will in Nevada breaks down which you need.
Common questions
What’s the difference between a will and a trust?
A will says who inherits and names a guardian for your kids, but it still goes through probate court. A living trust passes your assets privately without probate and works even if you’re incapacitated. Most families are best served by both, which is why our $1,399 package includes each.
Does a trust help me avoid probate in Nevada?
Yes, for the assets you actually transfer into it. A funded revocable living trust passes your home and accounts to your family without probate, which in Nevada can take 12 to 18 months and cost thousands in statutory fees.
Do I have to be wealthy to need a trust?
No. The people who benefit most from a trust are ordinary homeowners and parents, not the wealthy. Once you own a home, a trust usually earns its keep by keeping your family out of probate court.