Living Trusts for $400!

I see this ad in my local newspaper all the time. Living Trusts and then a ridiculously low price... like $400. Be careful. This is for a Living Trust.  Period.

That's it.

Nothing else.

No Certification of Trust, no pour-over Will, no Durable Power of Attorney, no Advance Health Care Directive, no deed transfer, no review of your assets, no binder, no notarization of all documents.

They don't even copy the signed/executed documents for their own files in case you misplace the originals. I had to call one of those places two weeks ago to see if they had a copy of a certain document that my client was sure was prepared by that office. The other documents were prepared by that office, but they didn't keep copies.

Furthermore, if you only have a Living Trust prepared, do not be fooled that you have completed your estate planning.

A Durable Power of Attorney and Advance Health Care Directives are very important. These two documents allow your loved ones to help manage your affairs along with what's in your Living Trust if are not aging well and find that you need assistance.