yeah, get another quote, or go the legal zoom route.

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

Jun 27, 2024
12:24:00pm

CougarTwins All-American

yeah, get another quote, or go the legal zoom route.

Report problem with this ad

CougarTwins

Previous username: jherrin
Bio page: CougarTwins
Joined: Dec 8, 2004
Last login: Jul 1, 2024
Total posts: 16,636 (114 FO)

Report problem with this ad

Messages

Author

Time

Just got a quote from an attorney for $5k to set up our trust, or whatever

TunaOne

Jun 27, 12:12pm

I paid $500 for a will..not sure about setting up a trust

Don_Juan_El_Guapo

Jun 27, 12:13pm

Depending on the complexity, but that’s a bit high.

reagan21

Jun 27, 12:14pm

how complex are your assets? If it's all pretty straightforward, you could try

CougarTwins

Jun 27, 12:16pm

Our assets couldn't be much simpler. Nothing complex at all. One

TunaOne

Jun 27, 12:23pm

yeah, get another quote, or go the legal zoom route.

CougarTwins

Jun 27, 12:24pm

If you go the legal zoom route don’t forget to fund the trust. I can’t tell you

reagan21

Jun 27, 12:30pm

I used an attorney recommended on Cougarboard and paid twice that. Granted my

homegrown

Jun 27, 12:29pm

At what net worth/reasons/etc does it make sense to do irrevocable trust? Asking for a friend

FromCAtoUT

Jun 27, 12:34pm

It depends. There are 1000 different things it depends on, but some of the most

BYUMizzou

Jun 27, 12:45pm

This is a loaded question since things are set to change, but anything more than

TPcoug

Jun 27, 12:46pm

Actually for an IRREVOCABLE trust, the threshold is lower - about $14 million

BYUMizzou

Jun 27, 1:32pm

What state?

Jun 27, 12:38pm

What state are you in? Do you have minor children? You might not even need a

BYUMizzou

Jun 27, 12:39pm

Utah. No minor children or dependents.

TunaOne

Jun 27, 12:42pm

In Utah (as of 2018), you can now do a transfer on death (TOD) deed for your

BYUMizzou

Jun 27, 1:08pm

Deed on deaths are not always a good deal. For instance, NV law allows for them, but no one uses them because it often

vegasnative

Jun 27, 1:39pm

That's why I said it depends on your state. Here in Missouri they're used

BYUMizzou

Jun 27, 1:45pm

Paid around half that a year ago, I think.

Soupie

Jun 27, 12:41pm

Seems a bit high. I just paid $3k for a trust, will, POA, etc. from a well

Jun 27, 12:44pm

RE: Just got a quote from an attorney for $5k to set up our trust, or whatever

Hinta

Jun 27, 12:56pm

As someone who is building a nation wide estate planning practice, I can tell you that it depends entirely where you are

vegasnative

Jun 27, 1:35pm

Just saw you are in Utah. Utah is a lower cost legal market. That seems fairly high for Utah. If you were in Chicago or

vegasnative

Jun 27, 1:40pm

I paid $1200 to do a trust years ago in Utah. A friend paid $1500 to probate

Monomachos

Jun 27, 2:17pm

Yes. That is about the starting range for a trust...depending on the state you

Thrill

Jun 27, 2:45pm

If you have more than $5 million than yes that is a normal number

BYU Grounds

Jun 27, 2:59pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad