Posted by Bobl1958 on April 01, 2013 at 12:33:16 from (68.98.205.31):
In Reply to: OT---Trusts posted by 8N'r--WI on April 01, 2013 at 12:21:46:
You are sure right Tim. A trust takes a lot of the hard work out of the situation. However, per what I was mentioning below is that all assets may not be in the trust. In my case, my Aunt and Uncle had a half dozen IRA's, 3 different bank accounts, and misc insurance policies. (They had a little money, but were far from rich). Those types of things are what you need to know aside from the trust. Could be everything is called out in the Trust, which would certainl be great, but just in case....it could save a ton of time at a later date. BTDT (sorry, been there done that..) Otherwise, you are certainly very correct. Bob
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