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The Water Cooler
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Revocable Trusts and Wills
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<blockquote data-quote="TerryMiller" data-source="post: 3540498" data-attributes="member: 7900"><p>I also suggest getting it done professionally rather than doing it yourself. Wife's folks did a pair of trusts. One was specific to her mother (who was in a nursing home) and the other to the "family." In our case, we first consulted with a good accountant who then set us up with a good attorney up in the Panhandle.</p><p></p><p>Going through an attorney is important as they can write the trust in a way that others can't "break the trust." Wife was the trustee of the trusts and executor of the wills. When we paid a visit to our accountant, he told us about some of the grandkids coming to him (with father-in-law in tow) and tried to get advice as to how to break the trust. The accountant kept telling them that each of their ideas of breaking the trust would be ineffective. He also told us that the father-in-law grinned at him every time he told the grandkids that they couldn't break the trust.</p></blockquote><p></p>
[QUOTE="TerryMiller, post: 3540498, member: 7900"] I also suggest getting it done professionally rather than doing it yourself. Wife's folks did a pair of trusts. One was specific to her mother (who was in a nursing home) and the other to the "family." In our case, we first consulted with a good accountant who then set us up with a good attorney up in the Panhandle. Going through an attorney is important as they can write the trust in a way that others can't "break the trust." Wife was the trustee of the trusts and executor of the wills. When we paid a visit to our accountant, he told us about some of the grandkids coming to him (with father-in-law in tow) and tried to get advice as to how to break the trust. The accountant kept telling them that each of their ideas of breaking the trust would be ineffective. He also told us that the father-in-law grinned at him every time he told the grandkids that they couldn't break the trust. [/QUOTE]
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