Living trusts simplified! Protect your family and avoid probate with this bestselling guide.
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, quickly and easily.
Make Your Own Living Trust explains what living trusts are, how they work, why you may want one. You'll learn how to:
create an individual or shared living trust transfer assets to your trust, including real estate, stocks and bonds, jewelry, art or a small business name beneficiaries for all trust property sign your document and make it legal appoint someone to manage property left to minors or young adults provide for trust property management if you become incapacitated retain absolute control over trust property while you live register, amend, or revoke a trust make a basic will Make Your Own Living includes all the forms you need to create your own trust, plus step-by-step instructions for filling them out. You'll also get important information about other estate planning tools, like wills, powers of attorney, and other options for avoiding probate.
Completely updated and revised, this edition includes the latest tax and legal information, including updated information about the federal estate tax.
Good in all states except Louisiana.
Downloadable forms for book at nolo.com through a special link.
Great book, super informative, except i wish it outlined better when a trust financially makes sense to you. From reading this, it makes it seem like a trust is a good move for everyone. But after speaking with an estate planning attorney, I was informed that having beneficiaries on accounts megates the need for a trust in most cases.
Great explanation of living trusts and why every family leader should have one to avoid the pain and cost of probate. Provides an extensive yet simple step-by-step process and forms which should allow most people to create their living trust without the "help" and cost of an attorney.
Understandable for anyone looking for a DIY guide for living trusts. If you're ready to devise your own living trust as part of your estate planning, this book includes forms to guide you through to completion. But it's not a substitute for a lawyer skilled in the nuances of estate planning.