On Wed, 16 Apr 2008 19:22:14 -0500, QueBarbara
<que.barbara.lanc@[EMAIL PROTECTED]
> wrote:
>On Wed, 16 Apr 2008 16:24:09 -0700, Les Albert <lalbert1@[EMAIL PROTECTED]
>
>wrote:
>>On Wed, 16 Apr 2008 18:00:08 -0500, QueBarbara
>><que.barbara.lanc@[EMAIL PROTECTED]
> wrote:
>>>Does anyone know how difficult - and expensive - is the process to set
>>>up a trust? Do you still need to have a will? We currently don't have
>>>one. (I know, I know, we've been meaning to get around to it.)
>>Go here:
>>http://ezinearticles.com/?How-To-Set-Up-A-Living-Trust&id=599815
>>and here:
>>http://www.ehow.com/how_2820_set-trust.html
>>and here:
>>www.nolo.com/article.cfm/objectId/BD474328-5A05-43D1-A295E5AD51C7EC84/309/227/CHK/
>>And yes, it will be expensive. As one of the above sites says,
>>"Consult an attorney who is an expert in administration, management,
>>and disposition of estates. In fact, at whatever angle you look at it,
>>you will really need a lawyer in all matters concerning how to set up
>>a living trust."
>Yikes. Dying is so complicated. Everyone keeps saying that getting a
>trust is the only way to go, but since we have no kids and limited
>assets (house, retirement funds, small percentage of stock of a
>private company), is all that really necessary?
It's not complicated, and when you're dead it won't matter to you. We
have no children, but we have a house, assets of stocks, bonds and
mutual funds, and a lot of nice stuff. We have wills that specify
each of us as the other's beneficiary, and that specify where
everything goes if we depart this life together. In your
cir***stances and mine, I don't understand the need for a trust.
Les
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