On Wed, 16 Apr 2008 16:17:10 -0700, "Cheetah"
<Cheetah@[EMAIL PROTECTED]
> wrote:
> It cost me about $500 to set up a trust for myself. Of course, that was
> about 10 years ago, so I'm sure the lawyers will demand more now. That,
> of course, was a Living Trust. There are other kinds. I was living in
> California at the time.
We set up a living trust, using a lawyer, here in California a year or
so ago. I don't know what it cost. More than $500, for sure. What I
do know, though, is that we paid about half what it would have cost at
the other lawyers who specialize in estate planning.
We don't have a very complex estate, since it's mostly in real estate,
our retirement annuities, our TSPs (gov't version of a 401K, sort of),
and some investments. Still, there were a number of hitches in the
process, like screwed-up legal descriptions on deeds. I wouldn't have
wanted to do it myself, even using something like the Nolo Press
handbook.
After going through probate on an estate without a will, there's no
way I'd recommend that anyone with more than a house, a car or two,
and checking and savings accounts, all held jointly, go without a
living trust and the attendant pour-over wills. Sure the more you
have, the more it will cost, but the more you need it.
Mary "And do the medical stuff, too"
--
Mary Shafer Retired aerospace research engineer
We didn't just do weird stuff at Dryden, we wrote re****ts about it.
reunite.gondwana@[EMAIL PROTECTED]
or miliff@[EMAIL PROTECTED]
my blog at http://thedigitalknitter.blogspot.com/
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