One of the most significant drawbacks to hiring an attorney is the cost of retaining an estate planning attorney or firm to prepare your living trust.
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Many people who want to create a living trust contemplate hiring a living trust lawyer.
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Either a family attorney or an estate or wills attorney can help you prepare a living will either as part of your general estate planning or as an individual document.
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Some charge by the hour while others have a flat rate for writing a living will.
Living trusts are specifically designed to avoid probate and are also used to safeguard financial privacy and manage assets should the owner pass away or become incapacitated.
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A living trust is a trust created during life to either save tax money or establish a long term way to manage property.
If you are interested in creating a living trust a great first step is to do a little research to familiarize yourself with the basics.
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