In every industry, there are people who seek to take advantage of the ignorance of others. If you want to build a new home, you quickly find out that there are good contractors and there are other contractors who are not so good. They seek to take advantage of your relative lack of knowledge about the process and charge you more for the services or generally do not give you exactly what you asked for. There is a similar phenomenon in estate planning.

A cottage industry has sprung up online around Revocable Living Trusts. People will sell you 30 page ebooks about Trusts. They claim that these books have everything that you need to understand how to create and maintain your own Trusts. They will even include generic Trust forms in the books for you to fill out. For this service, they charge you hundreds of dollars.

We mention this so that you know this industry exists. If you want a Revocable Living Trust, you need to see an experienced attorney. Do not buy an ebook written by a non-attorney that includes generic forms. Know the source of your information and do not get ripped off.

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Ryan M. DenmanandDennis D. Duffy

Duffy Law Office, PLLC