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So I paid $4000 to establish trust last year. Law office called and said I need to do annual review for $595 to continue relationship. Otherwise they disengage??? So do I have a legal document. Is it not excuteable unless they are engaged? I did this in Indiana and it was a one and done. Is that not the case Colorado. I feel like I am being scammed. The paralegal made all these vague references of what a mess it would be if I don’t continue the “relationship. Do I seek out another law firm?
There is no way we could tell if the document is legal without looking at it, but assuming it was signed and executed properly my guess is that the trust is valid. The failure to pay an annual maintenance fee would not invalidate a legal document.
The foregoing information is general information only and should not be relied upon to take, or fail to take, legal action. No attorney-client relationship is formed by this information.
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