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Subject:  Re: Off topic question Date:  5/27/2013  9:51 PM
Author:  intercst Number:  72298 of 78166

TwoCybers asks,

<<Of course, the bank managing the trust will want to skim off 2% to 3% a year in fees.>>

I would like to know who your bank is -- we are talking about 1/3 of a house and all the data available suggests to me this is not a million dollar house. If you think a bank will handle $250,000 for a mere $7,500 a year, you don't deal with the kind of banks I