Has anyone else created a trust?

toledo
Thu, 04 Sep 2014 17:25:56 +0000

I am going bonkers trying to add our newly created trust as a beneficiary on all our accounts. Our attorney gave us the language to use, but so far, none of our banks/IRAs want to accept his wording. Also, when my husband and I die, our trust splits into 3 sections, one for each of our kids. Is that normal? Or is he just trying to make more $$? He wants IRA accounts listed as 1/3 to the trustee of each child’s component trust. Then he had the nerve to tell me that all of his clients are running into this problem.