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Trust setup fees

$1,500-$5,000

Can You Write Off Trust Setup Fees?

Short answer: No: legal fees to create a living trust are personal costs.

Fees a trust pays to administer itself can be deductible to the trust.

Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.