Home Costs by State Estate Planning Minnesota

Minnesota Estate Planning

Minnesota estate planning are currently $1,000-$2,500 — at or below the national average of $1,000-$3,000. Verify current rates with local providers before making financial commitments. Data as of January 2026.

📜 Minnesota Estate Planning — January 2026

$1,000-$2,500
Minnesota Rate
$1,000-$3,000
National Average

Basic will + power of attorney package. Source: American Bar Association / LegalZoom Market Data.

ℹ️ Public Data Data sourced from American Bar Association / LegalZoom Market Data. Last updated January 2026.

📊 Minnesota Financial Snapshot

MetricMinnesotaNational Avg
Cost of Living Rank #28 / 50 Rank #25
Estate Planning Costs $1,000-$2,500 $1,000-$3,000
Financial Advisor Costs $175-$300/hr $200-$300/hr
Income Tax Rates 9.85% 5.0%
Mortgage Rates 5.10% 5.0%
Savings Rates 1.28% APY 1.2% APY
Tax Preparation Costs $150–$350 $220

Data as of January 2026. Sources: Freddie Mac, FDIC, Tax Foundation, MERIC.

All States — Estate Planning Comparison

StateEstate Planning
Alabama $800-$2,000
Alaska $1,000-$2,500
Arizona $1,000-$2,500
Arkansas $750-$1,800
California $1,500-$4,000
Colorado $1,200-$3,000
Connecticut $1,500-$3,500
Delaware $1,200-$3,000
Florida $1,000-$2,500
Georgia $900-$2,200
Hawaii $1,500-$3,500
Idaho $800-$2,000
Illinois $1,200-$3,000
Indiana $800-$2,000
Iowa $800-$2,000
Kansas $800-$2,000
Kentucky $800-$2,000
Louisiana $900-$2,200
Maine $1,000-$2,500
Maryland $1,200-$3,000
Massachusetts $1,500-$4,000
Michigan $1,000-$2,500
→ Minnesota $1,000-$2,500
Mississippi $700-$1,800
Missouri $900-$2,200
Montana $800-$2,000
Nebraska $800-$2,000
Nevada $1,000-$2,500
New Hampshire $1,200-$3,000
New Jersey $1,500-$4,000
New Mexico $800-$2,000
New York $1,500-$4,500
North Carolina $900-$2,200
North Dakota $800-$2,000
Ohio $900-$2,200
Oklahoma $800-$2,000
Oregon $1,000-$2,500
Pennsylvania $1,200-$3,000
Rhode Island $1,200-$3,000
South Carolina $900-$2,200
South Dakota $800-$2,000
Tennessee $900-$2,200
Texas $1,000-$2,500
Utah $900-$2,200
Vermont $1,000-$2,500
Virginia $1,200-$3,000
Washington $1,200-$3,000
West Virginia $700-$1,800
Wisconsin $900-$2,200
Wyoming $800-$2,000

Frequently Asked Questions

What are Minnesota estate planning in 2026?
Minnesota estate planning are currently $1,000-$2,500 as of January 2026. This compares to a national average of $1,000-$3,000.
How much does estate planning cost in Minnesota in 2026?
A basic estate plan in Minnesota (last will & testament, durable power of attorney, healthcare directive) typically costs $1,000-$2,500. Adding a revocable living trust adds $2,000–$5,000. Complex estates with business interests or multiple properties cost significantly more. The national average is $1,000-$3,000.
Do I need an estate planning attorney in Minnesota?
For most people in Minnesota, yes. Online services (LegalZoom, Trust & Will) offer basic wills for $100–$500, but Minnesota state-specific laws, tax implications, and complex asset situations benefit from a licensed estate attorney. An attorney also reduces the risk of invalid documents due to improper execution.
How does Minnesota compare to the national average for estate planning?
Minnesota's estate planning of $1,000-$2,500 fall at or below the national average of $1,000-$3,000. This difference matters: comparing your state to national averages helps you benchmark whether you're getting a fair deal.
Where can I find additional Minnesota financial resources?
For Minnesota residents: the state government's official financial services website, the CFPB (Consumer Financial Protection Bureau) at consumerfinance.gov, and FinanceStackHub's free tools (calculators, AI health check, guides) provide free educational resources to help you make informed financial decisions.

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