My DH and I have a valid trust document and everything is still holds except one change we want to make. Currently my older sister is the second in line to have guardianship of our children in the event we both pass while they are minors. Unfortunately, this sister suffers from bipolar and had been in a terrible manic episode for about 2 months and just to be safe we want to replace her in the document with reguards to guardianship.
What is the estimate cost for this? My guess it’s a small change since everything else would remain the same. The attorney who made the trust has retired so we need to transfer the document to a new one.
My DH and I have a valid trust document and everything is still holds except one change we want to make. Currently my older sister is the second in line to have guardianship of our children in the event we both pass while they are minors. Unfortunately, this sister suffers from bipolar and had been in a terrible manic episode for about 2 months and just to be safe we want to replace her in the document with reguards to guardianship.
What is the estimate cost for this? My guess it’s a small change since everything else would remain the same. The attorney who made the trust has retired so we need to transfer the document to a new one.
Just a ball park.
I'd probably charge 30min to 1 hour for this and I'm $400 an hour now. SOME people would just say to cross your sister's name out and initial next to it on your Wills but honestly I wouldn't feel comfortable about having an informal amendment in this situation. I'd want it ironclad that she was NOT going to be the guardian of my kids.