OldShooter
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Yes. You are doing it right. An educated customer is a good customer and is able to use an advisor cost-effectively.I agree Old Shooter, but sometimes is good to read what others are saying and then CONSULT YOUR ESTATE LAWYER. ...
That may well be; I don't know. With well-written documents the plaintiff rarely loses, but the legal bills that the trust or executor pays can be significant. That is the problem with contested documents.Anyway, thanks again. BTW, I read it's much more difficult to contest a revocable living trust than a will...
As a long-time trust professional DW was regularly in court with unhappy beneficiaries or to get problem documents fixed. She never lost a case.
If you're looking for a home for the money: One of our three charities is a community foundation. I don't know the legal details but ours concentrates in the local area and its grant sizes allow our money to have identifiable impact. This is in contrast to the big national charities where six figures is just a drop in the bucket. We are funding with QCDs so our fund can't be officially donor advised but we consult regularly with the staff on ideas and priorities. It's kind of fun actually. We've fixed roofs, bought food cards for people, fixed failed wells, ... The rule is that we help people in crisis and do not take on chronic problems that can become entitlements. One time we bought all the parts for a local HS auto shop class to fix up a car, then it was donated to a needy person. Maybe there is one of those in your area. https://en.wikipedia.org/wiki/Community_foundation, Profiles | Community Foundation Atlas... My only problem is I don't know what to do with my IRA and Annuity, but I'll have to think more and harder. ...