SENIOR CLASS A Widow's Financial Turmoil NASSAU AND SUFFOLK Edition

Q. My husband thought he was so smart. He had a lawyer draw up a living trust so that his estate - and eventually mine - would pass on without probate and without a lot of expense. At least, that was the plan. But Bill's been gone a year now, and I am still struggling to get the mess cleaned up...

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Bibliographic Details
Published inNewsday
Main Author Kent Collins. Kent Collins, a journalism professor at the University of Missouri
Format Newspaper Article
LanguageEnglish
Published Long Island, N.Y Newsday LLC 04.02.1995
EditionCombined editions
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Summary:Q. My husband thought he was so smart. He had a lawyer draw up a living trust so that his estate - and eventually mine - would pass on without probate and without a lot of expense. At least, that was the plan. But Bill's been gone a year now, and I am still struggling to get the mess cleaned up. And the lawyer's bill . . . Wow! Why hasn't this worked the way it is supposed to? - The Widow Parker A. You are confused, and maybe your husband was, too. I can't clean up your mess, but here are the often-overlooked elements of the living trust: