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If you are interested in creating a living trust a great first step is to do a little research to familiarize yourself with the basics.
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Either a family attorney or an estate or wills attorney can help you prepare a living will either as part of your general estate planning or as an individual document.
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Some charge by the hour while others have a flat rate for writing a living will.
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Living trusts are specifically designed to avoid probate and are also used to safeguard financial privacy and manage assets should the owner pass away or become incapacitated.
One of the most significant drawbacks to hiring an attorney is the cost of retaining an estate planning attorney or firm to prepare your living trust.
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