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Updated about 3 years ago, 10/02/2021
Anyone do a will instead of a trust?
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.
The last older couple I knew had a pretty simple estate and their attorney advised them to use a will and probate it. The probate legal fees were $4k. This was a while ago but still... I was involved and it was nice to know it would be done right.
When we own multiple properties things become more complicated so with a trust someone really needs to know what they are doing. Has anyone done a will and probate lately? I need to update and have a friend in the same boat. Hate to ask an attorney who benefits from using a trust. Legal Zoom ok temporarily but want it done right. No spouses in either case I am thinking of.
Not looking for legal advice just some personal experiences. We are in Oregon.