What Is a Trust?

A trust is a legal arrangement that allows you to place assets under the control of a trustee for the benefit of chosen beneficiaries. Trusts are a core part of estate planning and are commonly used in Utah to manage assets, avoid probate, and ensure your wishes are carried out efficiently.

Unlike a will, many trusts—especially revocable living trusts—can take effect during your lifetime, providing flexibility, privacy, and long-term control over how your estate is handled.

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Do You Need a Trust?

Property Ownership

If you own real estate in Utah, a trust can help your beneficiaries avoid probate and simplify the transfer of property after your passing.

Ongoing Income or Assets

Trusts are especially helpful if you have recurring income, investments, or assets that need structured management or distribution over time.

Beneficiary Protection

A properly structured trust can help protect assets from creditors, lawsuits, or poor financial decisions by beneficiaries.

Desire for Privacy

Unlike probate proceedings, trusts are not public record, keeping your financial and personal matters private.

Family & Guardianship Planning

Trusts are often used to manage assets for minor children, beneficiaries with special needs, or blended families.

How the Trust Creation Process Works

Define Your Goals

Identify your assets, beneficiaries, and goals—such as avoiding probate, minimizing taxes, or controlling distributions.

Choose the Right Trust Type

Select the appropriate trust (commonly a revocable living trust in Utah) based on your needs and long-term objectives.

Draft the Trust Documents

Your attorney prepares legally compliant trust documents tailored to Utah law and your personal situation.

Fund the Trust

Transfer ownership of assets—such as real estate, bank accounts, and investments—into the trust so it functions properly.

3-5 Year Repayment Period

Make consistent monthly payments to the court trustee, who distributes funds to creditors according to your approved plan.

Maintain & Update

Review and update your trust as life changes occur, such as marriage, children, property purchases, or changes in Utah law.

Trust Planning Costs

Trust Drafting

$1.5k – $3.5k

Varies based on complexity, assets, and family structure.

Deed Transfers

$40 – $100

Price Per Property
Typical Utah county recording fees to transfer real estate into the trust.

Notary Fees

$10 – $20

Required for proper execution of trust documents.

Attorney Guidance

Included

Professional planning ensures compliance with Utah law and avoids costly mistakes.

Creating a trust is often a one-time investment that can save your family significant time, stress, and probate costs in the future.

Why Work With an Estate Planning Attorney?

Professional guidance ensures your wishes are protected

While a will may seem simple, small errors can make it invalid or lead to unintended outcomes. An experienced estate planning attorney helps ensure everything is done correctly and according to Utah law.

Peace of Mind: Confidence your will is legally valid

Local Knowledge: Built specifically for Utah estate laws

Asset Direction: Clear distribution instructions

Support & Guidance: Help through future updates and life changes