🏔️ How to Set Up a Trust in Idaho (2025 Guide)

Residents of the Gem State are increasingly turning to Revocable Living Trusts to protect their assets, avoid probate, and pass on wealth with privacy and control. If you're an Idaho resident looking to build a trust — without paying thousands in legal fees — this guide is for you.

🔍 What Is a Trust?

A trust is a legal entity that holds and manages your assets during your lifetime and after your death. You, the grantor, appoint a trustee to manage the trust for the benefit of your beneficiaries.

The most common type in Idaho is the Revocable Living Trust, which allows you to:

• Avoid the Idaho probate court process

• Maintain privacy for your estate

• Retain control while you're alive

• Name who gets what and when after you pass

• Plan for incapacity or illness

📍 How to Set Up a Trust in Idaho

1. Choose the Right Trust Type

Start with a Revocable Living Trust, which is:

• Legal and recognized under Idaho law

• Flexible during your lifetime

• Ideal for most personal estate plans

Optional add-ons:
☐ Special Needs Trust
☐ Minor’s Subtrust
☐ Spendthrift Clause
☐ Pet Trust
☐ Dynasty Trust (Idaho allows perpetual trusts)

✅ TrustGenie includes all of these in one simple package.

2. Assign the Key Roles

☐ Grantor – You
☐ Trustee – Often you while you’re alive
☐ Successor Trustee – Takes over if you’re incapacitated or pass away
☐ Beneficiaries – Those who receive the trust’s assets

3. List Your Assets and Prepare Funding Documents

Include:

• Idaho real estate

• Bank and investment accounts

• Business entities (LLCs, corporations)

• Vehicles and valuable property

• Life insurance, digital assets, crypto

✅ TrustGenie provides:
✔ Schedule A
✔ General Assignment form
✔ Deed templates

4. Sign and Notarize the Trust

• Idaho law does not require witnesses, but notarization is strongly recommended

• Trust should be signed properly and stored safely

• Tell your Successor Trustee where the original document is kept

5. Fund Your Trust

This step is critical. If your trust is not funded, your estate may still go through probate.

To fund your trust:
☐ File a Quitclaim or Warranty Deed to transfer real estate
☐ Retitle bank and brokerage accounts in the name of your trust
☐ Use a General Assignment for personal property
☐ Update retirement, life insurance, and annuity beneficiaries if needed

⚠️ Common Mistakes in Idaho

❌ Signing the trust but never transferring your property
❌ Failing to retitle Idaho real estate
❌ Using generic online templates that don’t meet Idaho requirements
❌ Forgetting to tell your trustee about the trust
❌ Not including out-of-state property in planning

💰 How Much Does a Trust Cost in Idaho?

Method Cost Range Traditional Attorney$2,500 – $6,000+Online Template$100 – $400 TrustGenie$150/year

✅ TrustGenie offers all Idaho-specific documents, execution guidance, and ongoing support — legally valid and easy to use.

🧠 Do You Need a Lawyer to Make a Trust in Idaho?

No. Idaho Code Title 15 allows any adult of sound mind to:

• Create a trust in writing

• Name a trustee and beneficiaries

• Sign and notarize the document

• Fund the trust properly

✅ TrustGenie takes you through every step legally and affordably.

📎 Free Download: Idaho Trust Checklist

Want a printable version of this guide?
📥 [Download the Idaho Trust Setup Checklist] — or just ask for it in the next message.

✅ Ready to Create Your Idaho Trust?

Thousands of families are using TrustGenie to pass down property, protect their legacy, and skip the probate nightmare — all without hiring a lawyer.

👉 [Create Your Idaho Trust – Just $150/year]

🔗 Related Articles:

• [Avoiding Probate in Idaho]

• [How to Transfer Property into a Trust in Idaho]

• [Revocable vs Irrevocable Trusts: What’s Best for You?]

✍️ Written by:
TrustGenie Legal Team
Empowering Idaho families to protect what matters — privately, affordably, and legally.