Tags |
|
|
Links |
|
|
Actual for You - Is it a Mistake to Set Up a Revocable Living Trust?
Every wise person gets his house insured not because he expects something catastrophic is going to happen but because just in case it occurs! At least he doesn’t have to bother much about the financial loss as that would be covered in the insurance
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexi
We all hate spam and get way too much of it – agreed? Now that we have that out of the way it is important to realize that in everyone’s zest to minimize their spam, we are deleting legitimate e-mails – and those e-mail could be YOUR business messa
For example, let’s talk about my mother-in-law. This is a true story.
Back when I was in active practice, my mother-in-law didn’t want to ask me to work on her estate plan. She didn’t want to bother me. So, she went to one of the free estate planning and living trust seminars we often see advertised in the paper.
She got caught up by the sales pitch in the seminar (I think there was a discount if you signed up before the seminar was over) and paid for a revocable living trust, pour-over will, and health care and financial powers of attorney.
To her credit, she began to have misgivings after she received her set of “documents” so she asked me to look them over. I did. They were trash. I told her to contact the company and ask for an immediate refund. I told her to tell them I was an attorney and would take appropriate action if her money wasn’t returned. They gave her money back.
I then told her to go to the legal affairs office at the military base (she is retired military) and have them draw up a simple will along with the durable general powers of attorney for health care and financial decision making.
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexit
Advertise, advertise and advertise.You can never do too much advertising on the internet. It is absolutely essential so you can make money with affiliate programs and services.One way to get exposure for your products or services is to have y
Back when I was in active practice, my mother-in-law didn’t want to ask me to work on her estate plan. She didn’t want to bother me. So, she went to one of the free estate planning and living trust seminars we often see advertised in the paper.
She got caught up by the sales pitch in the seminar (I think there was a discount if you signed up before the seminar was over) and paid for a revocable living trust, pour-over will, and health care and financial powers of attorney.
To her credit, she began to have misgivings after she received her set of “documents” so she asked me to look them over. I did. They were trash. I told her to contact the company and ask for an immediate refund. I told her to tell them I was an attorney and would take appropriate action if her money wasn’t returned. They gave her money back.
I then told her to go to the legal affairs office at the military base (she is retired military) and have them draw up a simple will along with the durable general powers of attorney for health care and financial decision making.
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexi
Building a website that generates quality leads is a challenging venture. Online direct marketing is a highly effective and relatively low cost way to get leads. The biggest challenge is to generate a large amount of high quality leads. Follow the
To her credit, she began to have misgivings after she received her set of “documents” so she asked me to look them over. I did. They were trash. I told her to contact the company and ask for an immediate refund. I told her to tell them I was an attorney and would take appropriate action if her money wasn’t returned. They gave her money back.
I then told her to go to the legal affairs office at the military base (she is retired military) and have them draw up a simple will along with the durable general powers of attorney for health care and financial decision making.
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexi
Being a freelancer is a tough job for anyone. Whether you are a writer or a web designer you know that the competition is fierce and you must always be on the look out for more jobs when working on one. This is part of the course when freelancing.
I then told her to go to the legal affairs office at the military base (she is retired military) and have them draw up a simple will along with the durable general powers of attorney for health care and financial decision making.
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexi
Often in online forum dialogues, someone comes along and starts attacking others and then starts siding with some folks to build up a Machiavellian Base to continue their attacks on the remainder who have either lost interest due to accusation or ha
Given her relative young age (early 60s), estate, and family situation, I saw no need or benefit to a revocable living trust in her situation. A simple will was all she needed.
And it may be all you need.
So before you get wrapped up in the complexity and cost of a revocable living trust, seek out the advice of a competent, unbiased professional to determine what estate planning documents are appropriate in your situation.
Good luck and until next time,
Phil Craig
P.S. Feel free to forward this on to any friends.
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.actual4u.com/article/129360/actual4u-Is-it-a-Mistake-to-Set-Up-a-Revocable-Living-Trust.html">Is it a Mistake to Set Up a Revocable Living Trust?</a>
BB link (for phorums):
[url=http://www.actual4u.com/article/129360/actual4u-Is-it-a-Mistake-to-Set-Up-a-Revocable-Living-Trust.html]Is it a Mistake to Set Up a Revocable Living Trust?[/url]
Related Articles:
Great Bargain Sources for Profitable Resale on Ebay
The Power of a Simple Email List
Is it Too Late to Get into Oil?
Bookmark it:
|