Minnesota Trusts, made easy

Leave nothing to chance with a Revocable Trust built specifically for Minnesota state laws. Get your Trust and other essential documents for just $500.
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Let's focus on the essentials

Trusts & Wills

Create new Trusts and Wills in under 20 minutes, or upload an existing document for analysis and updates.
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Health Care Directive

In 10 minutes, identify your medical agents and define your preferences for care in a Living Will (Advance Directive).
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Power of Attorney

Round out your essential estate plan with a Power of Attorney. Choose your agents, effective date, and powers.
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Plan today and avoid headaches tomorrow.

550

hrs

An executor or trustee spends 500+ hours cleaning up a messy estate.
43

%

Many families report conflict due to poor planning and communication.

Let's talk about Trusts

Wait, why do I need a Trust?
That's a great question - provide peace of mind, control over asset distribution, minimize family disputes, protect your children's future, support cherished charities, to name a few. With Snug, it's also incredibly easy to do, so what are you waiting for?
Read more - 10 reasons to get a Will
Does a trust avoid probate in Minnesota?

Yes, trusts can avoid probate in Minnesota. Creating a trust and transferring your assets to it allows the assets to bypass the probate process when you pass away. A well-drafted trust can save your beneficiaries time and money by avoiding the often lengthy and expensive probate process.

How much does a Trust cost in Minnesota?

The cost of setting up a trust in Minnesota varies depending on the complexity of the trust and the attorney's fees. A basic Revocable Living Trust generally ranges from $1,000 to $3,000. More complex trusts can cost several thousand dollars more. Online services like Snug can provide a more affordable alternative to traditional legal services, offering estate planning services, including trusts, at a lower cost.

What type of trust do I need?

A Revocable Living Trust is the most common type of trust people set up, offering flexibility and control over your assets during your lifetime and helping to avoid probate. Other types of trusts, such as Charitable Trusts, Special Needs Trusts, and Irrevocable Trusts, may be appropriate depending on your specific circumstances and goals.

How can I fund my trust?

Funding a trust in Minnesota involves transferring ownership of your assets to the trust. For real estate, a new deed must be prepared with the trust as the owner. Bank accounts should be retitled in the name of the trust, and other assets like vehicles, personal property, stocks, and bonds must also be formally transferred to the trust.

Who can be a trustee in Minnesota?

In Minnesota, any individual who is at least 18 years old and mentally competent can serve as a trustee. Additionally, Minnesota law allows for corporations, such as banks or trust companies, to serve as a trustee if they are authorized to exercise trust powers in the state. Trustees must be able to handle and take care of property, and they can't have been convicted of serious crimes, including felonies or crimes that involve dishonest or immoral behavior.

How to change your living trust in Minnesota?

In Minnesota, to change your living trust, you need to draft an amendment to the original trust document. The amendment should clearly state the changes you wish to make, such as modifying beneficiaries, changing trustees, or altering the distribution of assets. Be sure to include the date, your name, the name of the trust, and the date the trust was originally established. Just like the original trust document, your amendment should be signed in the presence of a notary public. If you want to make substantial changes to your living trust, you might find it more convenient to create a restatement of the trust. A restatement lets you rewrite the entire trust, while retaining the original date and title of the trust, which can be advantageous for avoiding the need to retitle assets. In the restatement, you would incorporate all the changes you want to make, and these new provisions will completely replace the previous ones.

How much does it cost to maintain a trust?

Trustee fees in Minnesota, which vary based on factors such as the type and complexity of the trust, are typically calculated as a percentage of the trust's assets for professional trustees, while non-professional trustees have a more flexible fee structure, and all trustee fees are considered taxable income by the IRS. Read more about trustee fees in Minnesota.

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Now, let's get organized

Personal

Family, pets, personal history, and wisdom to pass along to the next generation.

Legal

Estate planning, marriage (and divorce), business documents and succession plans.

Financial

List of assets and debts to make clear inventories and avoid discovery efforts.

Insurance

Life, home, auto, and health insurance policies and beneficiaries.

Taxes

Historical state and federal tax returns and supporting documents.

Property

Vehicles, real estate, and other property to create a Personal Property Memorandum.

Digital

Social media, cloud storage, photo services, and more digital assets.
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No credit card required

What makes Snug different?

Others
Wills
$195
$500+
Trusts
$500
$4,000+
Powers of Attorney
$0
$200+
Health Care Directives
$0
$300+
Sharing & Collaboration
Included
No
Asset & Debt Inventory
Included
No
Personal Property Inventory
Included
No
Child & Pet Planning
Included
No
Insurance Policy Storage
Included
No
Digital Asset Planning
Included
No
Updates & Maintenance
Included
$$$

Trust-Based Estate Plan

All of the coverage of a Will, plus the benefit of avoiding probate to reduce family burden.

$500

1 year updates included
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Documents included:
Revocable Living Trust
Schedule of Assets
Pour Over Will
HIPAA Authorization
Living Will
Power of Attorney
Certification of Trust
Money-back Guarantee
If you are unsatisfied with your completed documents, contact us within 30 days of your purchase to request a refund.

How does it work?

Answer a few questions

Are you married? Do you have kids? The questions for a Trust are simple and only take 10 minutes to complete.
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Print your documents

Your information is loaded into lawyer-approved templates to create a personalized Trust and other essentials.
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Sign, share, celebrate

Follow the instructions on each document to sign and make it official. Store somewhere safe and celebrate.
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Planning for everyone

Snug provides one place to create essential documents, analyze existing documents for updates, and organize all of life's details. No matter where you're starting from, Snug can get you across the finish line.

Way beyond documents

We make Wills, Trusts, and essential documents easy to create and maintain - but this is just the beginning. Organize all of life's details, from collectibles to garage codes to social media, and help avoid headaches for loved ones down the road.

Sharing made simple

You've done the work to plan and protect your legacy - don't hide it in a filing cabinet. Snug allows you to share your plans with family, friends, and professional advisors to ensure your wishes are known and accessible at all times.

Comprehensive guides for you and your loved ones.

Complete Guide to Estate Planning

Estate planning can sound scary and complex, but we're here to help simplify the process and decisions for you and your family.

Complete Guide for Executors

Being an Executor or Personal Representative can be a rewarding, yet challenging role. This guide helps to light the way.

Complete Guide for Trustees

Being a Trustee is a significant legal and operational role. This guide includes everything from taxes to liability to fiduciary duties.