• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

All lawyers talk me out of having a trust

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

stfein

Junior Member
What is the name of your state?undefinedWhat is the name of your state?NY
I have talked with 4 different estate planning lawyers in NYC & each has told me, "you don't need a trust, probate is pretty simple in NY".

What's the deal? I know lawyers make a bundle of dough by probating wills & therefore would rather recommend wills rather that trusts. My father is 86 years old & has just a will. His estate is estimated to be around $2 million right now & growing. We want to avoid the expense & time of probate. So even if they increase the Federal Estate Tax Exclusion, we would still want to have a trust for my father.

Where am I going wrong?

Thank you...Saul Fein :rolleyes:
 



Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top