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The Water Cooler
General Discussion
Best/cheapest way to make a will?
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<blockquote data-quote="dennishoddy" data-source="post: 3145398" data-attributes="member: 5412"><p>Depending on the value and size of the inheritance as I understand it. </p><p>Landowners certainly need a trust to pass along their wishes and avoid the death tax if their land exceeded the limits currently stated, but trusts expire. So the person locking their land into a trust will likely have multiple grandkids and great grandkids fighting over that land, and their portion of it. </p><p>So if putting the land into a trust, do you want your direct descendants that you raised and nurtured to benefit from your land or descendants that you don’t even know fighting over it down the road? </p><p>It’s a heck of a decision.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3145398, member: 5412"] Depending on the value and size of the inheritance as I understand it. Landowners certainly need a trust to pass along their wishes and avoid the death tax if their land exceeded the limits currently stated, but trusts expire. So the person locking their land into a trust will likely have multiple grandkids and great grandkids fighting over that land, and their portion of it. So if putting the land into a trust, do you want your direct descendants that you raised and nurtured to benefit from your land or descendants that you don’t even know fighting over it down the road? It’s a heck of a decision. [/QUOTE]
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Best/cheapest way to make a will?
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