QUESTION
Can we still get a trust in addition to our will?
Asked on Jul 27th, 2011 on Estate Planning - Florida
More details to this question:
I live in Fl and am re-doing our will. We have 4 teens. Should we get a trust in addition to our will? We were told that if you didn't have an estate over 3 million that it wasn't necessary. That a trust would be a waste of money since the life insurance policies have listed the kids as the beneficiaries. But what about the house?
1 ANSWER
Trusts and Estates Attorney serving Jacksonville, FL
Partner at
Law Office of David M. Goldman PLLC
3 Awards
Obviously you were not taking with a lawyer. I am not saying you need a trust, but to state that if you do not have over 3 million you do not need a trust is crazy. No one needs one, but almost all can benefit from one. If you would like to talk about it, I would be happy to discuss your specifics in a free consultation and tell you the advantages and disadvantages for your specific situation.
Answered on Jul 29th, 2011 at 7:25 AM