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The Water Cooler
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Revocable Trusts and Wills
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<blockquote data-quote="mr ed" data-source="post: 3540184" data-attributes="member: 6777"><p>Pay the $1000-1500 for a lawyer especially if you have more than one property.</p><p>It has to be a good document so you can put bank accounts, property, vehicles and whatever in it .</p><p>when you go to change bank accounts they make copies and look them over before they will make changes.</p><p>You have to have a "memorandum of trust" to file to change property titles, vehicle titles. They file a copy.</p><p>It gets recorded into county records with the deeds.</p><p>If your going to have any NFA type items I would do a separate NFA trust.</p><p>Not a lawyer just my 2 cents.</p><p>*Mine has cost me about $2k so far as I keep buying properties and a new document is typed up for you to file.</p><p>It was $1k for trust and $75 per property as I added them over the years plus the fees at courthouse.</p><p>This price also included a will and medical directive.</p></blockquote><p></p>
[QUOTE="mr ed, post: 3540184, member: 6777"] Pay the $1000-1500 for a lawyer especially if you have more than one property. It has to be a good document so you can put bank accounts, property, vehicles and whatever in it . when you go to change bank accounts they make copies and look them over before they will make changes. You have to have a "memorandum of trust" to file to change property titles, vehicle titles. They file a copy. It gets recorded into county records with the deeds. If your going to have any NFA type items I would do a separate NFA trust. Not a lawyer just my 2 cents. *Mine has cost me about $2k so far as I keep buying properties and a new document is typed up for you to file. It was $1k for trust and $75 per property as I added them over the years plus the fees at courthouse. This price also included a will and medical directive. [/QUOTE]
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