JohnT, Isn't there a trust that keeps lawyers out of the probate process? The guy that sat my trust up in Indiana, said if a lawyer were to get a hold of my estate, without a trust, typically they would charge a fix % on everything. In my case that would be over $150K. I also have investments in the market, that are life insurance policies. When I'm dead, it is divided between my two kids. No probate, no taxes, no lawyers needed. When I'm alive, I manage my trust. I can change it. Spend the money any way I want. Buy or sell any assets. When I'm dead, by son is in charge.
Does this sound right to you, No lawyer, No probate, No taxes? A lawyer did all my paper work for under $1K. I had to pay a little to do the paper work at Recorders.
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