Q I heard that every time you take something out of your trust, or buy anything, you have to go back to an attorney to have them change the trust. Is that true?
Unfortunately, some attorneys do draft trusts that require them to change it every time you buy or sell an asset. When I was still at the large law firm, I was stunned to discover that most attorneys never told the clients that they needed to fund their trusts – much less give them instructions on how to do it. Later, when the client would call with questions, they would get a bill in the mail for $155 and make a mental note to never call the attorney again. It wasn’t a surprise that the plans they had put together were failing when the clients needed them most.
At the Roulet Law Firm, we NEVER do this. We give our clients all the necessary paperwork to allow them to put things into, and take things out of, their trusts. We also give our clients extensive written instructions on how to do this and we never charge our clients to talk to us: not before preparing your trust, not during preparation of your trust, or after the trust is completed. Our no surprises flat fee covers everything.