Skip to main content
Baby Corner logo


Wills and Trusts

Reply Post New Topic

  • savannah33 savannah33's Avatar 07-15-08 | 08:21 AM
  • It's so expensive to get these setup and then every 2 / 3 years you have to revisit and make changes.

    We spent last night going over the revised documents we had drawn up by the lawyer. The trust is about 20 pages at least and we have 2 wills (one each) that is about 6 pages. Then we have combined LLC's and one seperate LLC. So complicated to read through.

    I think after all said and done in the next month the changes will have cost us around $4000.
     


    No wonder people don't have wills and trusts setup.
  • 3Princes 07-15-08 | 09:04 AM
  • Wow, I thought ours were expensive at $150. Ours is pretty straightforward though. We haven't had to go in and make any changes yet.
  • savannah33 savannah33's Avatar 07-15-08 | 09:08 AM
  • Yes it's the trust and LLC's that really ratchet up the price plus the lawyer charges $350 an hour.
     
    We don't spend too much time asking him questions and chit chatting.
     
    And since ours is complicated we cannot just have a simple will if we want to have everything covered - guardians, executors, trusts, trustfunds for kids and such.
  • Laurie Laurie's Avatar 07-15-08 | 09:13 AM
  • My sister just purchased a DIY kit and all they had to do was get it notarized by 2 people. Total cost: 26 dollars....but all of their children are grown.
  • savannah33 savannah33's Avatar 07-15-08 | 09:15 AM
  • It's also according to your assets and how you want to make sure they are protected.

Latest Articles

Pregnant Woman's Guide to The Zika Virus
Get the latest information about the zika virus during pregnancy including how to protect your unborn baby or infant, signs and symptoms, complications, and prevention.

Fetal Development Video
Video showing how a fetus developed during the 40 weeks of pregnancy. Fetal Development Video

Adventure Vacations with Your New Family Are Possible
If you spent time as a couple exploring vast areas of the world, that doesn't have to end just because you have a new baby. Here are 6 tips to make your vacations fun for the whole family. Plus, vacation ideas to help you get started.

The "Mozart" Effect: How Music Helps Your Baby's Development
Can your baby really be smarter if your listen to Mozart, or other classical music, during pregnancy?

What to Expect Postpartum: Your Period
The postpartum period brings many changes to a woman's body. Learn what to expect with your period including when it will return and warning signs to watch out for.

July 2018 Baby Photo Contest Winner

July 2018 2017 Baby Photo Contest Winner
Congratulations Willow!!