I just prepared wills for a young couple this week. They have young children they want to protect. They have modest IRAs, 401ks and life insurance. However, they just can’t afford the expense of a living trust right now. By preparing wills with “testamentary trusts” we have created an excellent estate plan that will protect the money for the children and also reduce the size of the probate by keeping their death beneficiary assets (life insurance, 401k’s, IRA’s, etc…) out of the probate estate calculation. This is a great way to plan when you just don’t have the money for a full revocable trust. The cost is less than half! Of course we also do powers of attorney for finance and health care. Contact me to discuss your estate plan!