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Reply to "Estate planning - what type of trust?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No trusts, just wills and proper POD or beneficiaries on all eligible accounts. Most people don't need trusts.[/quote] +1 And trusts can create problems where none would have existed if you did not have a trust. If you don't need a trust, don't get one. It's a money maker for lawyers and not always good for the heirs. -signed a lawyer married to a lawyer who is about to strangle her FIL's estate and trust lawyer who never returns phone calls.[/quote] Agreed. People who are concerned about probate being a public process usually lose sight of the fact that transparency and court deadlines can be a good thing. [/quote]
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