Posted by Texasmark1 on April 01, 2013 at 17:03:36 from (75.107.52.180):
In Reply to: OT---Trusts posted by 8N'r--WI on April 01, 2013 at 12:21:46:
I just went through that in TX. Attorney said for a straight forward piece of property and personal possessions, including any finances left over to be doled out, a will was less hassle even though it had to go through probate.
I did and it was a seamless process. I had my wife's will probated for $1000 including all preps and assisting me in the Judges chambers. Then I made a new will from a different Atty. and the bill was $200. Small town lawyers are cheaper and I probably could have gotten the probate for $500 or so.
My sister is a trust nut and took care of several family matters and she swears by it. Yes the trust bypasses probate. The trust was too complicated for me and too much definition which can be a problem as times and family change.....learned that on making wills containing trusts for the kids when they were toddlers. Didn't much apply on a 40 year old will.
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