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Indiana follows the "reasonable compensation" standard for trusteesInd. Code § 30-4-5-16Verified May 7, 2026. Courts decide what's reasonable on a case-by-case basis, looking at trust size, complexity, and the trustee's actual work. Family-member trustees often waive the fee entirely. Professional trustees (banks, trust companies, attorneys) typically charge between 0.5% and 1.5% of trust assets per year, with corporate fiduciaries usually applying minimum annual fees. The Indiana trustee compensation calculator breaks it down by trust situation.
Trust administration in Indiana is typically faster than probate because trusts don't require court supervision. The main floor is the creditor claim period — 9 months in Indiana — during which the trustee can't safely make final distributions. Simple trusts often wrap up in 6-9 months; trusts that hold business interests, real property in multiple states, or that need to file estate tax returns can take longer. See the Indiana trustee checklist for the full process.
Estate planning attorneys in Indiana average $315 per hourClio Legal Trends Report 2025Verified Jan 1, 2025 for wills and estates work. Flat-fee packages run roughly $945–$1,890 for a simple individual will and $2,720–$4,080 for a basic revocable trust. Online and DIY services cost $30–$300 for the same documents — see the will cost calculator for a side-by-side comparison.
Indiana has a generous small-estate threshold of $100,000. Estates under that line can use the Small Estate Affidavit procedure, which is a form rather than a court case — most families can handle it without an attorney. For estates above the threshold, formal probate generally benefits from counsel because of the procedural overhead, even when nothing is contested. The Indiana probate calculator estimates total costs based on estate value.
In Indiana, the situations where retaining counsel is typically worth the cost are: blended families with children from prior relationships; ownership of a business, rental property, or significant investment assets; special-needs dependents who need a special-needs trust to preserve benefits; substantial property held in multiple states. If none of these describe your situation, the simpler online and DIY tools are often enough.
Search 3,664 estate law firms across 51 states.
Firm listings are for informational purposes only. SimplyTrust does not endorse or recommend any specific firm or attorney. Contact firms directly to discuss your situation and verify their current practice areas and availability.
33 firms
727 E 86th St
Indianapolis, IN 46240
Phone:
(317) 635-788027 N Eighth St
Richmond, IN 47374
Phone:
(765) 962-7527201 Main St, Suite 810
Lafayette, IN 47901
Phone:
(765) 742-904610475 Crosspoint Blvd, Suite 250
Indianapolis, IN 46256
Phone:
(317) 804-5058319 N Main St
Kokomo, IN 46901
Phone:
(765) 459-3941201 W Washington St
Rensselaer, IN 47978
Phone:
(219) 866-4171432 Washington St
Columbus, IN 47201
Phone:
(812) 372-8858318 Pearl St, Suite 200
New Albany, IN 47150
Phone:
(812) 725-8224118 S Independence St
Tipton, IN 46072
Phone:
(765) 675-9000225 W 41st St, Suite B
Jasper, IN 47546
Phone:
(812) 556-0110