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About 4 results within Trusts
Q&A
Asked in Bakersfield, California | Oct 2025
My parents have a Living Trust and they pay 3400 a year to keep it going. Is this normal?
I fear they are paying fees which they do not have to. I have friends who I have consulted which concerns this and was informed that their parents after establishing a Living Trust do not pay and have not paid any other charges.

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Q&A
Asked in Orange, California | Jul 2025
Why is it more complicated to establish an irrevocable trust vs revocable Trust?
I receive relatively high premiums to set up an irrevocable living trust than I do for a revocable living trust. I understand that express and implied trusts are recognized differently by the language used, but what other reasons can explain why an a attorney takes more for irrevocable trusts.

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Q&A
Asked in Ely, Minnesota | Oct 2024
Can one spouse place real estate, money, or other assets into a revocable trust labeled solely in their name without the other spouse allowing it?
My husband established a revocable trust, the qualifying beneficiaries were our grandchildren. The property includes the land and business property which was vested in that trust. To establish the trust and transfer the titles, he hired an attorney from Minnesota to help him. He has also deposited some monies in a bank account that I don’t have any control over. Was this legal? What recourse do I have?

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Q&A
Asked in Orange, California | Oct 2024
Why is it that the creation of an irrevocable trust costs way higher than what it costs to establish a revocable trust?
The quotes I keep receiving for creating an irrevocable trust are rather unrealistic, especially compared with other types of trusts, such as revocable ones. Although I am aware that the key difference between these trusts is the language used and the ability to modify the trust, I need to know the main reasons for the additional fees that are charged for irrevocable trusts. What makes the extra expense legitimate?

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