How to Avoid Probate by Creating a Living Trust PDF Download

Author: Gordon Mead Bennett
Publisher: Sterling Publishing Company
ISBN: 9781402752315
Category : Business & Economics
Languages : en
Pages : 230

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Book Description

Author: Denis Clifford
Publisher: Nolo
ISBN: 1413330584
Category : Law
Languages : en
Pages : 257

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Book Description
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.

Author: Vickie Schumacher
Publisher: Schumacher Publishing
ISBN:
Category : Law
Languages : en
Pages : 230

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Book Description
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.

Author: Henry W. Abts
Publisher: McGraw-Hill/Contemporary
ISBN: 9780809230310
Category : Business & Economics
Languages : en
Pages : 388

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

Author: Estatebee
Publisher: Estatebee Limited
ISBN: 9781913889135
Category :
Languages : en
Pages : 252

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Book Description
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.

Author: Evan H. Farr
Publisher: Simon and Schuster
ISBN: 1621535622
Category : Law
Languages : en
Pages : 211

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Book Description
Have you ever considered the advantages of creating a living trust? Avoiding probate through the use of living trusts is a well-known solution, but author Evan H. Farr takes this issue one step further. In Protecting Your Assets from Probate and Long-Term Care, Farr explains the need to consider both probate and the expenses of long-term care when you create a living trust. A revocable living trust, the main tool used for protecting your assets from probate, does not protect assets from the catastrophic expenses of long-term care. A very useful and popular estate planning tool, revocable living trusts are recommended by tens of thousands of attorneys across the United States and are used as the central estate planning document by millions of Americans. However, what most Americans don’t realize is that assets in such a trust are not protected from lawsuits or from the limitless expenses associated with nursing homes or long-term care. In order to help readers protect themselves from both probate and long-term care, Farr delves into the many details you should know when creating a living trust. He also outlines his Living Trust Plus™ Asset Protection Trust, which is the only type of self-created asset protection trust that allows you to avoid probate and retain an interest in the trust while also protecting the assets from being counted by state Medicaid agencies. He details the process of avoiding probate and securing assets, including: Joint ownership problems Special needs planning How to pay for the nursing home Why Medicaid planning is ethical The ten most common Medicaid myths Finding the right lawyer Protecting Your Assets from Probate and Long-Term Care will help to ensure your family does not have to reap the consequences (and expenses) of improperly creating a living trust.

Author: Cormac D Benson
Publisher: Independently Published
ISBN:
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
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

Author: Ronald Farrington Sharp
Publisher: Simon and Schuster
ISBN: 1621535703
Category : Law
Languages : en
Pages : 193

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Book Description
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.

Author: John Parker Huggard
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 202

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Author: Karen Ann Rolcik
Publisher: SphinxLegal
ISBN: 157248165X
Category : Estate planning
Languages : en
Pages : 234

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Book Description
Explains various ways to avoid the probate court system when passing your estate on to your family