Anyone here know about trust funds?

[CaptainNJ]

Originally Posted by John7777

One way or another, attorneys are going to be involved in this. Sounds like your primary motivation is to protect your kids. Okay, a trust can do that, to some extent. Still, there's a trade off. By protecting the kids, you're also complicating things, and you certainly don't have a crystal ball.

Have you looked into the administration costs?

im willing to complicate things if its the smart way to go for me and my kids.

it seems tough to get real cost information without sitting down with a lawyer. if you have any idea of what to expect, id be happy to hear your two cents.

[John7777]

Originally Posted by CaptainNJ

im willing to complicate things if its the smart way to go for me and my kids.

it seems tough to get real cost information without sitting down with a lawyer. if you have any idea of what to expect, id be happy to hear your two cents.

Without knowing much much more about your specific situation, I'd rather not try to give you any advice here. It would probably be worth your while though, to pay for a couple hours of a lawyer's time. Sit down and have a nice chat and explain what you want to do and why. Make sure you do this with a competent attorney, not some attorney who is only interested in selling you a trust. In other words, beware of the trust mills.