Re: Living Trusts - Examples and Specimens
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: KYS338</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: THUNDERBOLT68</div><div class="ubbcode-body">EXACTLY, It takes the lawyers dirty hands 1 minute to type your info in. and push print on a already written document. And then ask you for 600.00.
The language is the same on every one of the trust... The name and address is different and the name of trust is different. that is it.
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Not correct in the least bit..... I started off with a Quicken Willmaker generated trust. It was so basic and vague that I got uncomfortable and made the call to have a lawyer amend the trust and rewrite it SPECIFICALLY for NFA items. Quicken is not specific, I cant stress it enough.
A basic computer program is on another spectrum vs. a trust written for you specifically for the NFA items. I advise research it and go that route if you can.
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I also had a standard quicken trust and it was VERY generic and in the current version, its not even an offered option. I paid 350 for mine in KS and am VERY happy with it. it has language specific for NFA items and the penalty for something missing or done incorrectly is not worth saving the cost of the trust.
If the cost of having an attorney do one is not something you feel comfortable paying, i would suggest just doing the personal ownership route.
Both dealers in KS that I have talked to strongly recommended doing the trust route through a lawyer.
If anyone wants, the lawyer in KS I used was:
R. Todd King
Wichita, KS
P: 316.263.0505
F: 316.263.2128
E:
[email protected] I sent my quicken version to him and he said that it was fine for approval, but under an attorneys scrutiny it wont hold up. He then proceeded to tell me several sections that were not included that needed to be.