Submitted by lolheisdead59 t3_1001gym in personalfinance
lolheisdead59 OP t1_j2fahfo wrote
Reply to comment by KS_HasRead in Financial Moves for Child. Calling all Parents. by lolheisdead59
In your experience, how expensive/involved is the process to establish a trust? Can I continually contribute to the trust?
I have done some research on trusts, but nobody in my family has any experience with such things. Thank you for your post!
bravo-charlie-yankee t1_j2fbawq wrote
we went to estate attorney (Colorado) and it was a flat $1500 I believe. We have "a lot of assets" for our age so that may have made it more expensive as it wasn't completely boiler plate.
This was for living will, trust, power of attorneys (financial and medical), guardianship (should we both kick the bucket) etc.
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