Having a Trust is Worth The Cost

I recently lost a client to that old enemy of professionals everywhere-the non-professional “expert.” (Usually a neighbor, sibling, or parent.) I was going to help them put their house in a trust, but they already had the trust, and just needed the deed to put the house into the trust. I asked them their goals, and they said they just wanted to protect the house. I told them that they would need a specialized trust for that, and the answer was the all-too-common, “well my (neighbor, parent, sibling) said that I didn’t need that . . .”

I told them I wished them good luck and that the deed would be $x. They gasped as if I was asking them to starve for a year. I could tell they didn’t understand what the value of having experienced help was. I told them I would just hang up now and wished them the best. I hope they remember talking to me when the house is sold to pay Medicaid bills. I could have helped them, but their non-professional knew better.

This blog is attorney advertising material and does not constitute legal advice or create an attorney-client relationship.