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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (22035)	3/1/2015 7:37:27 PM
From: Steve Felix	Read Replies (1) \| Respond to of 34328

You didn't say if you had done the trust yourself. I've seen these online, but doubt I would feel comfortable with that. At least you wouldn't find out if you screwed up as you would be gone. Doing it myself, I would no doubt worry about it.

To: E_K_S who wrote (22035)	3/2/2015 12:48:27 PM
From: JimisJim	1 Recommendation Recommended By Kip S Read Replies (1) \| Respond to of 34328

Great stuff about living trusts, etc... I'm making that area of retirement planning my next priority along with figuring out retirement/end-of-life living and care arrangements... we've figured out where geographically we want to be, just not specific beyond that. Thx for sharing your experience and knowledge about the trusts and trustees. I feel an appt. with an estate lawyer will be in our near future.

To: E_K_S who wrote (22035)	3/2/2015 1:20:16 PM
From: rllee	Respond to of 34328

Estate Planning - Thanks everyone in sharing your thoughts in regard to living trusts and investments. I, too, have been in the midst of serious Estate Planning and some years ago have written a trust (working with an attorney) which I have reviewed and tweaked over the recent years. The two major issues which I am still struggling with are: - Who to use as trustees of our living trust - How can I set up an auto-pilot investment strategy that can invest my equity portfolio when we are not around and not have to depend on my heirs to invest wisely themselves. Currently I have penned in my 2 children (also the beneficiaries) as my co-trustees since I have not yet identified any younger relatives or friends who might be more suitable trustees. In regard to auto-pilot investing approach, I am building up a dollar-cost-averaging ETF/mutual fund portfolio with a aggressive/balanced approach (70% equities, 30% bonds) using index funds. I am leaning toward the robo-investment approaches (with yearly rebalancing) such as from Wealthfront, Betterment, or the upcoming Schwab offering. I understand that an approach using the top 40 conservative stocks may be better, however I wish to avoid single stock risks that my heir will need to worry about. Hopefully a robo investment approach will free up the tasks for my heirs to invest the money that they do not need immediately. Any comments will be most appreciated. Bob