One of the most significant drawbacks to hiring an attorney is the cost of retaining an estate planning attorney or firm to prepare your living trust.
Living will and trust attorney.
The truth is a living trust may not solve all your problems but may be one piece of your estate planning toolbox.
If you are interested in creating a living trust a great first step is to do a little research to familiarize yourself with the basics.
In comparison attorney s fees for drafting a will are much lower generally 200 to 400 for an individual and 300 to 500 for a couple.
Unlike a will a living trust passes property outside of probate court.
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If you hire an attorney to create your living trust she will likely create the trust as part of a comprehensive estate plan.
Living trusts and estate plans.
To find out what s right for you ask your attorney the following questions.
To fully achieve all necessary protections you.
What property can go in a living trust.
Living trusts are often portrayed as the ultimate estate planning tool and something everyone needs.
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There are no court or attorney fees after the trust is established.