How to Avoid Probate by Creating a Living Trust

How to Avoid Probate by Creating a Living Trust
Author: Gordon Mead Bennett
Publsiher: Barnes & Noble Publishing
Total Pages: 232
Release: 2004
Genre: Business & Economics
ISBN: 0760754721

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Learn how simple it is to create your own probate-avoiding, tax-saving living trust without the expense and double-talk of a lawyer. Find out: Why a living trust is better than a will, how to quickly and easily transfer assets into your trust, how married couples can double their estate tax exemption, the best way to name a gardian for your underage children, how to protect yourself and your assets in the case of physical or mental incapacity, how to assign financial and health care powers of attorney, and more.

Understanding Living Trusts

Understanding Living Trusts
Author: Vickie Schumacher,Jim Schumacher
Publsiher: Schumacher Publishing
Total Pages: 230
Release: 1990
Genre: Law
ISBN: PSU:000017742337

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Written in clear, conversational English, this book can help anyone understand how a living trust avoids the complications, expenses, and delays of probate at times of incapacity and death.

Make Your Own Living Trust

Make Your Own Living Trust
Author: Denis Clifford
Publsiher: Nolo
Total Pages: 257
Release: 2023-03-03
Genre: Law
ISBN: 9781413330588

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Make Your Own Living Trust can help you make an individual or shared living trust that’s valid in your state, saving your family time, money, and headaches. You can use a living trust to name beneficiaries for property and set up property management for young people. In this way, a living trust is like a will. However, unlike a will, a living trust lets your family bypass probate court— which saves everyone money, delay, and hassle. Make Your Own Living Trust provides all of the plain English instructions, worksheets, and forms you need to create an individual or shared living trust and a basic will (for yourself and your family), without the need for a lawyer. Whether you are single or part of a couple, you can use this book to: decide whether a living trust is right for your family keep control over trust property while you live appoint someone to manage trust property, if needed name beneficiaries to inherit your assets set up property management for young beneficiaries, and learn how to transfer all types of assets to your trust, including real estate, stocks, jewelry, art, or business assets. Even if you prefer to hire a lawyer to draw up your trust, you can use this book to learn about living trusts before you go to the lawyer. Using the book to learn about living trusts will save you a considerable amount of money, compared to paying a lawyer to explain it to you. All of the explanations, instructions, and examples are in the book, and the forms are available for download details inside the book. The legal forms in this book are not valid in Louisiana, Canada, or the U.S. Territories.

How to Set Up a Living Trust

How to Set Up a Living Trust
Author: Cormac D Benson
Publsiher: Independently Published
Total Pages: 0
Release: 2024-04-22
Genre: Business & Economics
ISBN: 9798323655847

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Safeguard Your Legacy, Simplify Your Future: How to Set Up a Living Trust by Cormac D. Benson The Easy-to-Understand Guide to Creating Your Own Living Trust and Avoiding Probate Planning for the future can feel overwhelming, but when it comes to your legacy, ensuring your wishes are met is crucial. How to Set Up a Living Trust by Cormac D. Benson cuts through the legal jargon and empowers you to take control with a simple, step-by-step approach to creating a revocable or irrevocable living trust. This comprehensive guide is your one-stop shop for navigating the world of living trusts. You'll gain the knowledge and confidence to: Understand the Benefits: Discover how a living trust can streamline the inheritance process, minimize probate costs, and protect your assets from potential challenges. Choose the Right Trust: Demystify the difference between revocable and irrevocable trusts and select the option that best suits your needs and goals. Navigate the Process with Ease: Follow Cormac's clear instructions as he walks you through every step of creating your trust, from naming beneficiaries to transferring assets. Feel Empowered and Secure: Gain peace of mind knowing your wishes will be carried out efficiently, minimizing stress for your loved ones during a difficult time. How to Set Up a Living Trust is more than just a guide; it's an investment in your family's future. Here's what sets this book apart: Written in Plain English: Forget complex legal jargon. Cormac uses clear, concise language to ensure every step is understandable, even for those with no prior legal experience. Actionable Steps: This book isn't just theory. It provides practical guidance with checklists, worksheets, and downloadable resources to keep you organized throughout the process. State-Specific Considerations: Gain valuable insights tailored to your state's laws, ensuring your trust is compliant and effective. Avoid Costly Mistakes: Empower yourself with the knowledge to potentially save thousands of dollars in probate fees and legal costs. Don't leave your legacy to chance. Take control of your future and protect your loved ones with a living trust. How to Set Up a Living Trust is your essential guide. Available for immediate purchas

The Living Trust

The Living Trust
Author: Henry W. Abts
Publsiher: McGraw-Hill/Contemporary
Total Pages: 388
Release: 1997
Genre: Business & Economics
ISBN: 0809230313

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The failproof way to pass along your estate to your heirs without lawyers, courts, or the probate system.

Make Your Own Living Trust Avoid Probate

Make Your Own Living Trust   Avoid Probate
Author: Estatebee
Publsiher: Estatebee Limited
Total Pages: 252
Release: 2021-01-09
Genre: Electronic Book
ISBN: 1913889130

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A revocable living trust is a type of trust created for the purpose of holding ownership of an individual's assets during that person's lifetime, and for distributing those assets after their death. This particular type of trust can be an excellent tool for solving a number of issues confronting individuals and families today, including the avoidance of probate, the management of property during periods of incapacity, the protection of property for beneficiaries who can't manage an inheritance on their own, protecting assets from disgruntled heirs, the elimination or minimization of federal estate taxes, and the assurance that personal affairs will remain private. This self-help legal book provides you with step-by-step instructions, detailed information and all the legal forms necessary to enable you to establish your own revocable living trust. ✔ Avoid Probate. ✔ Manage Your Property During Incapacity. ✔ Make Gifts to Your Loved Ones. ✔ Create Trusts for Young Beneficiaries.

Living Trusts for Everyone

Living Trusts for Everyone
Author: Ronald Farrington Sharp
Publsiher: Simon and Schuster
Total Pages: 193
Release: 2017-03-21
Genre: Law
ISBN: 9781621535706

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Readers say it best: "Very informative." "Saved me a lot of money and headaches!" "Recommend it for everyone who has to plan estates for their elderly parents" Living Trusts for Everyone is the best resource for setting up a living trust. Explaining in specific terms what benefits a trust will have, Ronald Farrington Sharp gives the tools necessary to set up a loved one’s trust with no lawyers and no expense. Wills benefit lawyers. Trusts benefit the clients. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their clients’ heirs. Ronald Farrington Sharp describes the best way to handle modern estate planning and details the many advantages trusts have over wills in not only eliminating probate but in also protecting your assets for your heirs. Sharp explains why legal services are not needed to do the clerical work in settling a trust after death. This updated edition includes new information on an array of subjects, including: Elimination of the federal estate tax for most estates due to increased exemption amounts Online assets The use of passwords, usernames, and websites Keeping trustees honest and the process of removing trustees for malfeasance Forms for simplifying the planning process Strategies to lower attorneys’ fees With no legal jargon, just step-by-step instructions and sample form letters, Living Trusts for Everyone takes the mystery out of the process of setting up a trust.

8 Ways to Avoid Probate

8 Ways to Avoid Probate
Author: Mary Randolph
Publsiher: Nolo
Total Pages: 305
Release: 2022-04-01
Genre: Law
ISBN: 9781413329865

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Want to save your family money and hassle? Read this book! Probate court proceedings after a death can drag out and cost tens of thousands of dollars in attorney and court fees—money that would otherwise have gone directly to your loved ones. This topselling guide shows you the most effective ways to skip the probate process: name payable-on-death beneficiaries for financial accounts own property jointly leave real estate with transfer-on-death deeds use a living trust name the right beneficiaries for IRAs, 401(k)s, and other retirement plans, and use probate shortcuts for small estates. Completely updated, this edition includes the latest state laws on probate avoidance methods, and covers all the estate-related impacts of the recent changes to federal rules on retirement distributions.