If you're age 60 or older, you should take special care when buying living trusts. Your age group is often a special target of slick-talking salespersons whose goal is to sell you something that 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. Seek the advice of someone trustworthy and knowledgeable. Contact your accountant, estate planning attorney, banker or financial adviser. If you conclude that a trust may be right for you, deal directly with a licensed Montana attorney who has substantial expertise in estate planning.