DEAR BOB: You often recommend the importance of revocable living trusts to avoid probate. Is there any way to prepare a living trust without having to hire an expensive lawyer? Also, if I have a living trust, do I need a will? – Sylvia S.
DEAR SYLVIA: Yes, you can prepare your own living trust using pre-printed forms. There are several excellent living trust books available in bookstores that contain do-it-yourself forms.
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