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Make Your Own Living Trust

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Features
  • ISBN13: 9781413309331
  • Condition: NEW
  • Notes: Brand New from Publisher. No Remainder Mark.
Categories Textbooks Trade-In   Personal Taxes   Estate Planning   General   Consumer Law   Reference   Wills   Estates & Trusts   Paperback   Printed Books  

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Description

Living trusts made neat! Protect your family together with this bestselling book.

Death may be inevitable, but probate doesn't have to be. By creating a living trust, your property will bypass lengthy and expensive probate proceedings and go directly to the people you've designated, shortly and effortlessly.

Do Your Own Living Trust explains how to make a living trust, transport property to the trust and amend or revoke the trust at any time. Specifically, it covers how to:

  • make various living trusts, counting an AB trust (in addition known as a marital trust or bypass trust)
  • transport assets to your trust, counting real estate, stocks and bonds, jewelry, art or a small business
  • name beneficiaries for all trust property
  • mark your document and do it legal
  • appoint someone to manage property left to minors or young adults
  • offer for trust property management if you become incapacitated
  • retain absolute control over trust property while you exist

    Do Your Own Living Trust consists of all the shapes you want -- as tear-outs and on CD-ROM -- to make your own trust, in addition step-by-step instructions for filling them out. Fully updated and revised, the 9th edition covers the latest laws and information concerning federal and state estate taxes.

    Good in all states except Louisiana.

    List of Shapes
    Shape 1: Basic Living Trust for One Person
    Shape 2: Basic Shared Living Trust
    Shape 3: AB Living Trust
    Shape 4: AB Disclaimer Living Trust
    Shape 5: Witness Statement for a Florida Living Trust
    Shape 6: Assignment of Property to a Trust for One Person
    Shape 7: Assignment of Shared Property to a Trust for a Couple
    Shape 8: Amendment to Living Trust for One Person
    Shape 9: Amendment to Basic Shared Living Trust or AB Trust
    Shape 10: Revocation of Living Trust
    Shape 11: Basic Will for One Person
    Shape 12: Basic Will for a Member of a Couple
    Shape 13: Affidavit of Successor Trustee
  • Much of us recognize this upon our demise, a succession of fees and taxes will eat into our estates--no matter their size--if we don't plan now to protect them. Unfortunately, many of us still postpone this process for the reason that we hesitate to summon the outside legal assistance this's traditionally been necessary. The folks at Nolo Press have made it their mission to offer us together with the means to complete a relatively uncomplicated official arrangement like this not including lawyers, however, and their third edition of Do Your Own Living Trust proposes hope even to the much hesitant among us. Together with simple-to-follow instructions, helpful worksheets, and all of the shapes essential, attorney Denis Clifford shows together individuals and couples how to avoid otherwise inevitable delays and costs by preparing on their own to transport their property directly to their designated heirs. Clifford's method involves the creation of a "living trust," which is a basic legal entity this lets property to be just passed along in this way immediately upon the death of the person who created it. He outlines advantages and drawbacks, and then clearly lays out the entire process. The excuses stop here. --Howard Rothman

    Customer Reviews

    Customer rating is 5 of 5  Very pleased   2010-02-19
    By Teressa C. Holmes (Marietta GA)
    The book shipped on time and arrived in excellent condition. I will definitely order from this company again.
    Customer rating is 5 of 5  A book you can trust   2010-02-14
    By D. Johnson (Cincinnati, OH)
    This book is written in a way that's easy to understand. Even if you don't make your own trust, the info is invaluable to understanding the ins and out of creating and managing a trust. You can skip to the chapters that most apply to you although I read the book from beginning to end. The forms to use are in the back of the book along with a CD that also has the forms. Lastly, the book tells you if the included forms are appropriate for your circumstance or if you need to see a lawyer.
    Customer rating is 4 of 5  Make Your Own Living Trust   2010-02-10
    By G. Sosna
    Wills must go through the long and winding road of the probate process, which can take a year or more and drain at least five percent of the value of your estate in the form of legal fees. That's $15,000 on a $300,000 estate! This book discusses something called a Living Trust, which does the same thing as a will in terms of delivering your assets to your beneficiaries, but does it without probate, without delays, and without legal fees. The book explains what can and what should not be handled by a Living Trust, and also explains other probate avoidance methods. If you want to prepare a Living Trust or a basic will or any of dozen or so legal documents, the book includes both tear-out forms and also a CD with all of the documents in MS Word format. A great resource to help you gather and organize all of the data that summarizes your financial life. If you've ever been the executor of a parent's estate you'll wish they had read this book.
    Customer rating is 1 of 5  Trust not trustworthy   2009-12-01
    By virginia artie (Va)
    I filled out the trust form, and a friend had a trust attorney in another state look at it. He told me it was a confusing document and not to use it, and at no charge, gave me an outline of what should have been written. Do not bother with this book.
    Customer rating is 4 of 5  Learning about Livikng Trust   2009-11-16
    By Bob Hightower (El Monte, CA USA)
    The book seems to be very good and could be very useful in the future.


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