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Author: omahafool Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121596  
Subject: Living Trust vs Will Date: 1/12/1999 5:13 PM
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In our initial consult with our lawyer he has suggested that since all of my wife and my assests our either in our house or IRAs with the bulk of that in Roth IRAS that there was no need for a Living Trust but a Will with a Marital Trust (which sounds like a the bypass trust discussed on these boards)to avoid losing either or our martial tax exemption would suffice. Our intention is to leave everything to our grandchildren with our children as trustees. Does this sound like we are getting the right advice?

Thanks

Benjamin
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