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OldDog/NewTricks Rancher

Joined: 24 May 2005 Posts: 2040 Location: The Dam End of Silicon Valley
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Posted: Thu Aug 18, 2005 12:47 pm Post subject: Living Trust |
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I loved our Living Trust Except for the Banks Part
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Ad:
Do I Need a Lawyer to Make a Living Trust?
No.
Okay, we'll cover our bases and say, "Usually, you
don't need a lawyer to make a living trust."
That's the short answer, anyway. Want to find out
why you can do it yourself, why lawyers will charge
an arm and a leg to make one for you, and -- most
importantly -- what steps you can take to create
your own?
Read on, true believer:
http://referral.nolo.com/nc.cfm?t=NB005000123530
================================
I wrote our Trust using this book - - 2 weeks before he died my Dad paid a Lawyer $1,000's to rewrite it and the Lawyer (Bad Word) it up
Words to watch-out for
“Any Investment A Prudent Person Would Make”
<<Who Is that Prudent Person?>>
Even though I did not want to sell our ranch the Executor => (the Bank) sold it saying the land WAS NOT Prudent and =>
“We are not in the business of handling Land!”
The Trust says I can Invest or Reinvest the money in
“Any Investment A Prudent Person Would Make”
the Executor => (the Bank) says the only Prudent Investment is to <<"invest in their Bank">>
– They charge the Trust $1,000’s per year to invest our money in their bank - - after the Fees and Taxes we get about 1% on our investment.
In 8.5 years our Ranch sold for 6 million more than we got for it, and guess who owned it - (3) Bank VIP's
The Bank Charged our Trust $35,000 to print a For Sale Book on the Ranch because "You can't expect us to dive the (25 miles) 50 miles round trip to show it!" 
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jigs Rancher

Joined: 17 Mar 2005 Posts: 4807 Location: KANSAS
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Posted: Thu Aug 18, 2005 1:02 pm Post subject: |
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| when the whole economic world comes crashing down, the bankers, lawyers and poloticians of the world will be the first ones to die. either of hunger and not knowing how to exist, or by the hand of those they screwed.......yes I have a few on my list that I am really looking forward to seeing after the collaps of society.
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George Member

Joined: 29 May 2005 Posts: 629 Location: Knightstown, Indiana
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Posted: Thu Aug 18, 2005 6:05 pm Post subject: |
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One of my best friends and business partners is an atty. I had him draw up a living trus several years ago and he listed himself as exucetor - - - at the time I felt who better to take care of my family.
I have since made changes because I really like him but have seen to much. I don't feel he started out bad but running in his circle of friends he has become very greedy and I do not feel ant longer he would put my family first.
I feel that banks, lawyers, and government officials have a great tempation put on them and while many started ion their professions with great intentions have succumed to the greed they are brought into contact with and grow into corruption.
Do as much of the work as you can yourself then allow someone you have faith in to review. It does not have to fly the first draft.
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OldDog/NewTricks Rancher

Joined: 24 May 2005 Posts: 2040 Location: The Dam End of Silicon Valley
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OldDog/NewTricks Rancher

Joined: 24 May 2005 Posts: 2040 Location: The Dam End of Silicon Valley
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Posted: Tue Aug 23, 2005 10:50 am Post subject: |
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We have used these "Nolo Press" books to do many things - I can't say enough about them - - Trust - Wills - and more
V¬ has been using them to set up her Non-Profit 501(c) (3) - - big savings - - $65.00 for the book as compaired to $3,000 to $5,000 wanted by others - - She has Incorporated in California and is working on her Tax paper work - - Total cost so far - less than $300. - - that's a big savings - - and the books are easy to understand - - Step by Step
The book have turned in to a sideline - - She gets paid to help other set up and start their own Non-Profits
Check out their Home Page
http://www.nolo.com/
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