Estate planning: passing wealth to kids

[athena53]

I still recc getting the NOLO book on trusts. You may (or even probably) will want to go to a pro (and hope he/she is as good/better than the group knowledge/experience of the NOLO staff), but with the knowledge gained from the NOLO book will get you started and to ask the right questions, and maybe also figure out if the "pro" is actually an "expert", or just someone who is going to fill in the blanks on the software they bought (not much different from buying the NOLO book and filling it in yourself).

Amen. The two attorneys who wrote up my trust documents (first had retired when I needed a redo after DH died) asked a LOT of "what-if" questions. One told some scary cautionary tales (names removed, of course). DS and a couple of charities are my only heirs and the second one asked what I wanted to happen if DS, DDIL and the kids all predeceased me. A horrible prospect, of course, and extremely unlikely, but a good question to ask.

 

[Teacher Terry]

Athena, they all sound like good people.