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[quote=Anonymous][quote=Anonymous]In our case we have 2 minor kids. Our assets include 1 home and the rest in investment accounts (401ks, IRAs, etc). How much should one expect to pay for a trust setup? Any recommendations on lawyers? [/quote] Probably in the neighborhood of $2k. The lawyer may include putting the home in the name of the trust, but you will have to do the bank accounts yourself in many cases. Every lawyer may do things differently. To title an investment account in the name of the trust is usually (as per financial advisor, lawyer, and articles I read) not always the best idea, so check on this for yourself. Plus, investment accounts are divided according to beneficiary designations--not wills or trusts. If there is no beneficiary, they will be distributed according the laws of your state. The spouse is first, then children, etc. You will also want to consider cars, boats, etc. [/quote]
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