Living will

It depends on your jurisdiction. ?

You'll want to assign your LO to a guardian via Will, and you'll want to assign your financial wishes to be executed via Trust. ?

Pick up a personal finance book. ?Really, educate yourself on these matters. ?You're already taking a step in the right direction by admitting that you know you need something -- take the next step and find out what you need. ?$1,000 to $1,500 is typical in my area, so $2,000 doesn't seem that far off.?

It's important to know your state's laws surrounding Wills and Trusts. ?Especially where finances are concerned, Trusts will cost your beneficiaries less when transferring your assets to their ownership. ?It's also more difficult to contest a Trust. ?

Source: http://community.thebump.com/cs/ks/forums/thread/71625780.aspx

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