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Reply to "Do you know your parents net worth? "
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[quote=Anonymous][quote=Anonymous]My parents never considered a trust for their low six figure estate. It was NBD. Is there a dollar level where people tend to spend the money to set up a trust?[/quote] no, it costs $2-4k to plop things in a joint revocable trust and then a day/emails filling out forms to transfer assets (home, bank accounts, trading accounts, biz interests, retirement accounts) into them. if you do an online one its even less costly set up. [/quote]
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