When my spouse & I set up our trust several years ago we worked with a law firm that offered someone to work us with to transfer to the trust the title of real estate with the county clerk. We filled out the forms, got notarized at the law office, and whoever it was shepherding it through the county (don’t remember if it was a title company or who, but it was the right kind of professional). The fee for that whole transaction was itemized with our bill for the law firm. I’m sure it would have been cheaper if we drove the 30 miles to the county seat, but it would have sucked up a bunch of our time trying to figure out which office to go to. Then for investment accounts not in retirement funds & banking they gave us a sheet telling us what to ask for. We set aside a little time every day and wrapped it up comparing to a checklist they gave us.
@ yes, and every time you get something transferred to the trust you feel one step closer to completing the whole process. Did you ask him as part of your interview does he have a recommendation on how often those with trusts established should review it? If not, that could make a good future episode on your channel.
When my spouse & I set up our trust several years ago we worked with a law firm that offered someone to work us with to transfer to the trust the title of real estate with the county clerk. We filled out the forms, got notarized at the law office, and whoever it was shepherding it through the county (don’t remember if it was a title company or who, but it was the right kind of professional). The fee for that whole transaction was itemized with our bill for the law firm. I’m sure it would have been cheaper if we drove the 30 miles to the county seat, but it would have sucked up a bunch of our time trying to figure out which office to go to. Then for investment accounts not in retirement funds & banking they gave us a sheet telling us what to ask for. We set aside a little time every day and wrapped it up comparing to a checklist they gave us.
Great plan. Doesn't take a lot of time, but it's mentally active time, so can get exhausting quickly.
@ yes, and every time you get something transferred to the trust you feel one step closer to completing the whole process. Did you ask him as part of your interview does he have a recommendation on how often those with trusts established should review it? If not, that could make a good future episode on your channel.
@karinhart489 yes! He said they follow up with clients every couple years and ask if any changes happened.
th-cam.com/video/nkFQmsdCW-I/w-d-xo.html
Isnt the lawyer suposed to provide the vlient with instructions to fund it?
Yep
Are people that dumb? Duh...