Last Will and Trust (at Last!)

In late November, I wrote about the fact that we were finally putting together an estate plan. Well, last Friday, just before everything shut down for the Holidays, my wife and I finally put the whole “last will and testamentary trust” thing to rest… And not a moment too soon, as this was one of our New Year’s Resolutions dating back to January 1, 2006. Even though it took 11.75 months to get it done, it still counts. Right?

Published on December 29th, 2006 - 6 Comments
Filed under: Planning
email this article email this article - bookmark it

About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!

Related articles...

» Don’t Believe Everything that You Read
» Putting Together an Estate Plan
» $100 for a Last Will and Trust?
» Interesting Web Search
» How our Estate Plan is Structured
» Ten Steps to Simplify Your Finances, Part 4
» SunTrust vs. Bank of America Online Bill Pay Question
» Crash Course in Estate Planning

Was this article useful? Please sign up to receive our content via e-mail:

You will receive only the daily updates, and can unsubscribe at anytime.

6 Responses to “Last Will and Trust (at Last!)”

  1. 1
    Blaine Moore Says:

    Yep, it still counts.

  2. 2
    David Says:

    Congrats! We still have to finish ours up!

  3. 3
    Jessica Says:

    Great job! My husband and I are about to start the same process now that we have a 1 year old son. I was wondering, how much did the lawyer charge you, ballpark? Want to know the going rate for this type of thing.

  4. 4
    nickel Says:

    Jessica: More details here. The wills and trusts cost $450 ($225 each for my wife and I) and the power of attorney stuff was $75 apiece. Total was $600. I was quote less by some attorneys, but nobody that we trusted.

  5. 5
    Shannon Says:

    How do we decide how to set up the trust? Our sons are only 19 months apart … do we choose to split the trust equally upon our death or after the youngest son finishes college? Any advice would be appreciated!

  6. 6
    nickel Says:

    Shannon: Ask and ye shall receive…

    How Our Estate Plan is Structured

    That post explains everything — we have four boys spaced over seven years, so it was an especially tricky issue for us.

Leave a Reply

  1. < $10,000

Featured Credit Cards

  • Chase FreedomSM Card

    3% cash back offers in popular categories like gas, home improvement & department stores. Full 1% cash back on all else. Up to 20% addl. cash back on online shopping through Chase. 0% Intro APR and No Annual Fee. See terms.

  • Blue® from American Express

    0% Intro APR on purchases and no annual fee. Earn Membership Rewards(R) points for your everyday purchases. Express approval - get a decision in less than 60 seconds. See terms.

Signup for free Newsletter

Disclaimer...

This website may receive financial compensation from the companies mentioned on its pages. The terms of third-party offers referenced on this website are also subject to change without notice. While we strive to maintain timely and accurate information, offer details may be out of date. Visitors should thus verify the terms of any such offers prior to participating in them. Please see our terms of service for additional details.