I try to deal in the mundane as little as possible but occasionally I feel I must venture into that world. If not for my sake for the sake of my heir. To get my affairs in order, I bought the computer program, Suze Orman Will & Trust Kit
, and made a will, a health care directive and a revocable trust. It cost twenty dollars (now on sale at Amazon for 13.57). I followed the program and answered the questions; it’s easy to do . After that, I headed to a copy place to make copies and have it notarized.
When I bought the piece of property I’m living on, I bought it in the trust’s name. I just faxed the title company a copy of the trust; it was that easy. What it means is, when I die, my property will not have to go through probate. My son automatically becomes the trustee of the trust when I die. For anything that requires a title, like cars or property it would be wise to put it in your trust’s name so that your heirs will not have a problem settling your estate. No lawyers, no probate, no taxes. I once asked a lawyer how much he would charge for setting up a revocable trust: he said 700 dollars! The program lacks flexibility, you do it Suzie’s way or the highway, but there are other programs that may offer more flexibility. My point is you can get your affairs in order for very little time, money and effort.
