We have a living trust. How much is it going to cost after one of us dies?

Cost will depend upon the size and complexity of the trust assets, how much of the work your family does and how much is done by attorneys and accountants. Most of the tasks associated with doing a trust settlement are the same as probate. One thing can be said however, and that is that the cost will be significantly less than if the identical estate went through the probate process. By having your family in charge, rather than some judge, many of the tasks are simplified and streamlined.