If you're age 60 or older, you should take special care when considering whether to buy a living trust. Your age group is often a special target of slick-talking salespersons whose goal is to sell you something you may not need. It's easy enough to become a victim. Living trust sales are a growing area of consumer fraud.
Con artists make millions of dollars every year selling unnecessary trusts.
Often, families face potentially greater costs after the consumer's death resulting from problems associated with the trusts. Take time when making your decision. Talk with someone you know to be trustworthy and knowledgeable. If you are considering a living trust, talk to your accountant, estate planning attorney, banker or financial advisor. If you conclude that a living trust may be right for you, deal directly with a licensed Montana attorney with substantial expertise in estate planning, or with a salesperson licensed to do business in Montana.