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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm an estate planning attorney in a very small firm. I charge $1000 for wills, powers of attorney, and medical directives for a couple - so 6 docs. I charge $2000 if you want to do those 6 docs plus revocable trusts. I agree with the previous posters, though, that in today's estate tax world revocable trusts aren't needed for most people. I actively dissuade my clients from them except for certain circumstances like 2nd marriages, property in multiple states, high net worth, etc[b]. Too many people get revocable trusts then don't retitle assets into them so its a big fat waste of time and money[/b].[/quote]

What about accounts at Vanguard and Fidelity ?  Should those names be in name of the XXX Revocable Trust dated XXX or can the beneficiary of the taxable Vanguard account be the trust as the Primary?[/quote]

Bump - anyone have an answer?[/quote]

For Fidelity I set up the trust as a contingent beneficiary after my spouse. [/quote]

What if you do not want spouse to be beneficiary? Want to leave to child in a trust to access when they are of age.  [/quote]

Then list the trust as the primary beneficiary. You can do this if it’s a testamentary trust, as well — “The Trust established for Larlo Smith by the will of xyz dated ….”

Be aware that your spouse may have an existing ownership interest in the underlying account if it is marital property. [/quote]

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