Sharing Knowledge in Smallcaps

[BullNBear52]

Recently I paid a young lawyer from down the street about $1,500 to do a new will and trust from scratch.

That is about what I paid for both the will and trust. He is an old time lawyer here in NC that is well published and highly regarded. He does seminars on wills and trusts at local businesses but the will and trust business is not his primary source of business. At his age it's more like a hobby informing people of why they should have a will, a living will and POA for financial affairs. For the living will and POA he could have done those as well and charges us; but sent us to a NFP that runs one day seminars and at the end you fill out both and they provided the Notary as well. And you and your spouse each need both and in our case our son is also named to act on our behalf.

It was my wife who nagged me about getting the will and trust set up 9 years ago.

As for your kids let them get their own wills and asset protection.