08-13-2006, 02:47 AM
A living trust is a good way to go if they have a lot of assets. It will help if they know a lawyer that they trust and has some experience with this type of thing. One of the best results for my parents was that they had to make a complete list of assets. It saved my mom a lot of problems when dad died 18 months ago. My mom is making things way too complicated though, like I do not understand why she still wants three checking accounts.