Legal Question in Wills and Trusts in California
Trusts
Is it necessary to have an attorney handle my deceased Grandmother's trust in Calif? We were told an attorney wanted to charge 40% of the estate. The estate is worth less than $700,000.00. Is this appropriate?
6 Answers from Attorneys
Re: Trusts
That is an outrageous fee. Definitely contact one or more other attorneys. I'm certain you can find someone with a reasonable fee structure to assist you.
Re: Trusts
It might be if there are extraordinary cirucmstances or anticipated complications, but otherwise, it sounds excessive and you can likely find a competent attorney for less than that. Sorry for your loss.
Re: Trusts
Sounds excessive (but I don't know any of the facts). Why don't you try several other attorneys?
Re: Trusts
That is outrageous. The purpose of a trust is to avoid probate and attorney fees. If you need help with your trust contact me directly.
Re: Trusts
No. Its not necessary. But, a trust should name a successor trustee, and he or she would be the person to make such decisions initially.
Re: Trusts
No. Its not necessary. But, a trust should name a successor trustee, and he or she would be the person to make such decisions initially. And while the fee you quote appears excessive on its face, I doubt it tells the whole story. Consult an attorney to protect the beneficiaries interests who will send a letter to the attorney or successor trustee and get a copy of the trust document and protect your interest.
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