Yes, a trust is definitely going to be part if the plan. Kids are only 7, 3, & 2 and we have life insurance policies that will help take care if them.
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Making a Will.
- Thread starter SuddenlyTraders
- Start date
Yes, a trust is definitely going to be part if the plan. Kids are only 7, 3, & 2 and we have life insurance policies that will help take care if them.
CONGRATS on planning today, before it becomes tomorrow way to fast, and quickly...
N. Cochran Attorneys at Law, P.C.
We charge $200 for a Will. $300 gets you a Will, Health Care Power of Attorney and a General Power of Attorney.
We charge $200 for a Will. $300 gets you a Will, Health Care Power of Attorney and a General Power of Attorney.
I've been drafting wills and trusts for 20+ years. $300 - $500 is very reasonable for the level of service and skill involved. If you paid $1,000 it might be higher than market price, but the lawyer wouldn't be charging too much. It's one of those few services that can't be fixed after the fact because, well . . . you know why.
I've come to realize that there are few "simple" wills any more. Most clients now have blended families, stepchildren, children out of wedlock, children by former spouses, adopted children who weren't formally adopted, people to disinherit, children with special medical needs, etc. Or, if they have the traditional long-term one-and-only marriage, their kids have all these issues and more.
Make sure you tell your attorney about these kinds of things up front so he or she won't have to do all the work, then throw it away and start over; or worse, do it once but completely wrong because he or she didn't know about the unusual family situation.
I've come to realize that there are few "simple" wills any more. Most clients now have blended families, stepchildren, children out of wedlock, children by former spouses, adopted children who weren't formally adopted, people to disinherit, children with special medical needs, etc. Or, if they have the traditional long-term one-and-only marriage, their kids have all these issues and more.
Make sure you tell your attorney about these kinds of things up front so he or she won't have to do all the work, then throw it away and start over; or worse, do it once but completely wrong because he or she didn't know about the unusual family situation.
Awesome info! I will look into this option!
inter vivos trust is something I may explore with an attorney as some people have mentioned.
I will check this out as an option thanks for the info!
Edit: ..... lol I could not find anything but a band and then I realized what you were saying hahahaha. Link
Give me a call any time.
