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Strategies & Market Trends : Retirement - Now what? -- Ignore unavailable to you. Want to Upgrade?


To: Drygulch Dan who wrote (162)4/15/2007 12:12:33 PM
From: deeno  Read Replies (1) | Respond to of 288
 
why do you want one?



To: Drygulch Dan who wrote (162)4/15/2007 12:23:10 PM
From: stock bull  Read Replies (1) | Respond to of 288
 
The cheapest way to make a Living Trust is to use the services of paralegals who usually work out of the "store front" legal services companies. However, I don't recommend going this route as it is essentially a "do it yourself" trust.

Given how important a Trust is, and the long term implications, I would recommend that you consult with a Lawyer who is a certified estate planner. Given that there are tax implications, long term legal issues, complex laws, and many different forms, or types of trusts, you want a well thought out trust. The cost of a trust from a lawyer is approximately $2000 to $3000. You can interview 2 or 3 estate planning lawyers and then decide what you want to do.

Stock Bull



To: Drygulch Dan who wrote (162)4/17/2007 6:21:45 PM
From: greg s  Read Replies (1) | Respond to of 288
 
Dan,

I would recommend what is called a "Simple A/B Trust" for most married folks (assuming you are married). Find a decent estate attorney. They do these things in their sleep. Also, I would recommend executing a durable financial power of attorney and an advanced medical directive with medical power of attorney. The same attorney can help you with these, as well.