Write your own living trust?
#1
BE Enthusiast
Thread Starter
Joined: Jan 2012
Location: CA
Posts: 472
Write your own living trust?
Has anyone written their own living trust?
I have a trust that I need to override/cancel by writing a new one. But I'm finding it very expensive to go thru a lawyer.
I found a website (rocket lawyer) that you can fill in the trust and you should be all set for about 40 dollars - but if it's too good to be true...?
I have a trust that I need to override/cancel by writing a new one. But I'm finding it very expensive to go thru a lawyer.
I found a website (rocket lawyer) that you can fill in the trust and you should be all set for about 40 dollars - but if it's too good to be true...?
#2
Re: Write your own living trust?
I've heard that Legalzoom, the site started by Robert Shapiro, is very good, but have no personal experience of it.
#3
BE Enthusiast
Thread Starter
Joined: Jan 2012
Location: CA
Posts: 472
Re: Write your own living trust?
That's the name of it! Thanks I couldn't remember - knew it was zoom something. I'll research that.
#4
BE Enthusiast
Joined: Nov 2012
Posts: 899
Re: Write your own living trust?
If you remain UK domiciled for UK IHT purposes, settling assets into a US Living Trust could lead to an immediate charge to UK IHT plus 10 yearly anniversary charges.