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Reply to "Cost of Estate Planning"
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[quote=Anonymous][quote=Anonymous]Most people don’t need a living trust. It’s a money grab by the estate planning trade. It’s fine to direct the establishment of a trust in the event you die with minor children, but putting all your assets in a living trust is generally an unnecessary complication in life. Don’t let the attorney convince you that it is necessary to avoid probate because that is “such a long and expensive process.” That is also generally not true.[/quote] This person says this every single post. Wills are public. Anyone can get a copy of your will after you die. Do you want the world to see, for example, that young children who lost both parents got a pot of money? The person posts that going through probate is easy. Bull. So many people will tell you otherwise. The trust directs things and makes it easier. I worried my kids would be at the mercy of an unscrupulous lawyer without the trust. [/quote]
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