Legal Question in Wills and Trusts in Nevada

Is a Living Trust a good idea?

My wife and I have been contemplating establishing a living trust. Our assets are approx 1.2 million. We are 54 years of age with two children, 15 & 21. We've had offers from a few companies that offer the service anywhere from $400 to 1400. My questions are;

1. Is a living trust a good idea?

2. How does one go about selecting a good company?

3. Any idea as to the cost of such a service?

Thank you.


Asked on 1/06/01, 11:41 am

1 Answer from Attorneys
Keith Knochel Law Offices of Keith Knochel

Re: Is a Living Trust a good idea?

The living trust probably is a good idea since it avoids the delays and expenses of probate. It costs about $1000.00 to do right. We have experience in the field and would be pleased to consult. Check out www.lawyersinarizona,com. Also Nevada licensed.

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Answered on 1/10/01, 8:02 am


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