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Should I just buy a cheap pre-drafted Trust and fill in the blanks?
 
 

To work properly, a trust should be specific to your needs, not a "fill in the blank"  or "one trust fits all" that may be available for a cheap price.  While it is possible that these cheap “fill in the blank” trusts might work, it is also possible that they are too general in nature and will not adequately protect you or your assets.  The unguided use of such forms might, if you are lucky, result in avoiding probate with some of your property, but it will more likely result in added legal fees for court interpretation of vague legal terms, added taxes, and added costs in the estates of beneficiaries.

When you consider the tens of thousands of dollars in savings that can definitely – not maybe – be saved through the use of a professionally drafted and funded trust, properly coordinated with the rest of your estate plan, it is silly and reckless to try to do it yourself with the help of forms you know nothing about prepared by someone who is not a lawyer.


 
 
 
 
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