The Estate Planning Guide Est. 2026

How Much Does a Living Trust Cost in Wyoming?

By The Estate Planning Guide Editorial Team Researched against primary sources

Published June 11, 2026 8 min read

Quick answer

An attorney-drafted living trust in Wyoming typically costs $1,500 to $3,500, while reputable online trust services run about $200 to $700. Wyoming sets probate fees by statute — both the attorney and personal representative can each charge the full schedule — so full probate is expensive; but the state's $400,000 summary-distribution threshold means most estates avoid it, so a trust is really about larger estates, out-of-state property, or asset protection.

⚠️ Educational information only — not legal, tax, or financial advice.

The figures on this page are general estimates. Laws, fees, thresholds, and prices differ by state and change often, and your own situation may change the result. Before you act, confirm the current numbers and rules for Wyoming with a licensed professional — an attorney, tax advisor, or licensed agent as appropriate. Reading this page does not create a professional relationship.

What a living trust actually costs in Wyoming

There are three ways to set up a revocable living trust in Wyoming, and they cost very different amounts:

How it’s prepared Typical cost in Wyoming What’s typically included
Attorney-drafted $1,500 to $3,500 Trust, pour-over will, powers of attorney, deed preparation and funding assistance
Online service $200 to $700 Trust document and standard supporting forms; deed preparation usually excluded
DIY template $0 to ~$100 Document only; drafting and funding are the purchaser’s responsibility

Illustrative Wyoming pricing as of 2026 — re-verify with current quotes. Most attorney quotes are for a full package (the trust, a pour-over will, financial and healthcare powers of attorney, and help retitling assets), not the trust document alone.

An attorney-drafted living trust in Wyoming typically runs $1,500 to $3,500. Online trust services advertise $200 to $700, and do-it-yourself templates are nearly free. A trust holds assets outside probate only to the extent those assets are retitled into it, and deed preparation — the step that retitles real estate — is excluded from most online and DIY pricing.

What drives the price within Wyoming

  • Single person vs. married couple. A joint trust for a couple costs more than a single-person trust, but usually less than two separate trusts.
  • Real estate and funding. Every property that goes into the trust needs a new deed drafted and recorded. More properties — or property in more than one state — means more work and a higher fee.
  • Complexity. A blended family, a special-needs beneficiary, a business interest, or potential estate-tax exposure all push you toward the upper end (or above it).
  • Package vs. document. The headline price usually includes the supporting documents and funding help. A bare trust document is cheaper but leaves the hardest part — funding — to you.

What probate costs in Wyoming by comparison

A funded living trust holds assets outside probate. The figure it is measured against is therefore the cost of Wyoming probate itself.

Wyoming's statutory fee schedule (Wyo. Stat. §2-7-803 and §2-7-804) lets the personal representative and attorney each charge the full percentage, so full probate on a $400,000-plus estate can reach five figures — but summary distribution covers estates of $400,000 or less.

On a $200,000 Wyoming estate that goes through full probate, statutory fees run about $4,350 each for the attorney and personal representative — roughly $8,700 combined — though an estate that size can usually skip full probate through summary distribution.

For the full breakdown, see How Much Does Probate Cost in Wyoming?.

How Wyoming probate cost compares to trust cost

Wyoming provides summary distribution for estates up to $400,000, plus a TOD deed and beneficiary designations, so most estates pass outside full probate without a trust. Above that threshold, full probate applies.

A living trust operates on two things: assets retitled into it pass outside probate, and the trust document governs management if the grantor becomes incapacitated. Those are the documented functions; the figures above are what each costs in Wyoming.

Wyoming-specific things to know

Wyoming has adopted the Uniform Trust Code (Wyo. Stat. §4-10-101 et seq.) and is one of the most trust-friendly states — no state income tax, strong self-settled asset-protection trusts (§4-10-510), and long-term dynasty trusts. It is a common-law (separate property) state.

Funding is everything. A trust only avoids probate for assets you retitle into it — record a trust-transfer deed with the county clerk for real estate and change the owner on accounts. Wyoming charges no real-estate transfer tax, so funding real property into a trust is inexpensive. An unfunded trust — one you signed but never moved your assets into — does nothing; those assets still go through probate. This is the most common and most expensive living-trust mistake in every state.

What affects the price in Wyoming

A reputable flat-fee attorney ($1,500–$3,000) or online service ($200–$700) handles a simple revocable trust. Pay full rates — and consider a Wyoming-specialist attorney — for asset-protection trusts, dynasty planning, or out-of-state real estate.

The documented price drivers:

  • Preparation route. Online and flat-fee services occupy the lower end of the range; attorney drafting the upper end. Estate complexity is the factor attorneys cite for the difference.
  • Fee structure. Estate-planning attorneys commonly quote a flat package price rather than hourly. What the package includes varies — deed preparation and funding are the items most often excluded.
  • Bundling. The trust, pour-over will, and powers of attorney are commonly quoted together at less than the sum of their separate prices.
  • Deed work. Retitling real estate into the trust requires a recorded deed. An incorrectly prepared deed can affect a homestead exemption or trigger a property-tax reassessment, depending on state law.

What determines whether a trust applies in Wyoming

In Wyoming the operative factor is an estate above the $400,000 summary-distribution threshold, alongside out-of-state real property, privacy, and asset-protection planning.

The circumstances in which a living trust has a documented effect:

  • Real estate, particularly in more than one state — property in another state otherwise requires a separate ancillary probate there.
  • Privacy — a probated will becomes a public court record; a trust does not.
  • Incapacity — a trust governs management during life; a will takes effect only at death.
  • Staged distributions — a trust can direct payment over time; a will distributes at closing.

Where an estate consists of assets that already pass by beneficiary designation or joint ownership, those assets bypass probate without a trust. For the documented differences between the two instruments, see Will vs. Trust: How They Differ.

What the record shows

Item Wyoming
Attorney-drafted living trust $1,500 – $3,500
Online trust services $200 – $700
Governing statutes Wyo. Stat. §2-7-803 (PR fees); Wyo. Stat. §2-7-804 (attorney fees); Wyo. Stat. §4-10-101 et seq. (Uniform Trust Code); Wyo. Stat. §2-1-205 (summary distribution)
State authority Wyoming Judicial Branch Self-Help (wyocourts.gov); Wyoming State Bar

A trust holds outside probate only the assets actually retitled into it; an unfunded trust leaves those assets in probate. The Wyoming probate figures this is measured against are set out above with their citations. Figures reflect published 2026 pricing and should be re-verified against live quotes.

Living trust costs in other states

Compare Wyoming with living trust pricing in other states:

This page explains living trust costs and the probate they avoid in Wyoming in general terms as of 2026. It is not legal or financial advice; prices, statutes, and thresholds change and depend on your situation. Confirm current figures and rules with a licensed Wyoming attorney. Cost figures are drawn from published 2026 attorney and online-service pricing and should be re-verified with live quotes. Sources: Wyoming Judicial Branch Self-Help (wyocourts.gov); Wyoming State Bar; Wyo. Stat. §2-7-803 (PR fees), Wyo. Stat. §2-7-804 (attorney fees), Wyo. Stat. §4-10-101 et seq. (Uniform Trust Code), Wyo. Stat. §2-1-205 (summary distribution).

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