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Re: Question on your farm LLC, inc or trust


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Posted by John T on November 12, 2011 at 17:16:45 from (173.243.181.15):

In Reply to: Re: Question on your farm LLC, inc or trust posted by Mike (WA) on November 12, 2011 at 14:53:20:

Mike, I had some clients walk in a few weeks back whose father died and they thought it was gonna be easy for me to help them BUT JUST AS I WARNED THEM A BIG PART OF HIS ASSETTS WERE NEVER PLACED INTO THE TRUST and its costing them more because I have to deal BOTH with probate and trust issues. To make it worse, his pour over will placed some in trust other to his kids???

Around here they get like $3,500 for a trust buttttttttttt you get that nice pretty leather cover wooooooo hoooooooooooo. I practice more in "poor mans wills" like joint ownership and other such simpler cheaper means to avoid probate without having to go down the trust road.

About the same as you, unless its within a small estate affidavit range (under 50K) $2,000 is about the minimum as it still takes a ton of time and paperwork and pleadings on my part to probate an estate. I think the big shots in town work in the 4% to 7% range but Im not sure.

John T Just a semi retired "Country lawyer"


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