How To Avoid Probate By Creating A Living Trust

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How to Avoid Probate by Creating a Living Trust

Author : Gordon Mead Bennett
Publisher : Barnes & Noble Publishing
Page : 232 pages
File Size : 53,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 0760754721

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How to Avoid Probate by Creating a Living Trust by Gordon Mead Bennett Pdf

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

Author : Vickie Schumacher,Jim Schumacher
Publisher : Schumacher Publishing
Page : 230 pages
File Size : 55,5 Mb
Release : 1990
Category : Law
ISBN : PSU:000017742337

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Understanding Living Trusts by Vickie Schumacher,Jim Schumacher Pdf

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.

The Living Trust

Author : Henry W. Abts
Publisher : McGraw-Hill/Contemporary
Page : 388 pages
File Size : 55,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 0809230313

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The Living Trust by Henry W. Abts Pdf

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

Make Your Own Living Trust

Author : Denis Clifford
Publisher : Nolo
Page : 257 pages
File Size : 50,8 Mb
Release : 2023-03-03
Category : Law
ISBN : 9781413330588

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Make Your Own Living Trust by Denis Clifford Pdf

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.

Make Your Own Living Trust & Avoid Probate

Author : Estatebee
Publisher : Estatebee Limited
Page : 252 pages
File Size : 43,8 Mb
Release : 2021-01-09
Category : Electronic
ISBN : 1913889130

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Make Your Own Living Trust & Avoid Probate by Estatebee Pdf

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.

Protecting Your Assets from Probate and Long-Term Care

Author : Evan H. Farr
Publisher : Simon and Schuster
Page : 211 pages
File Size : 54,7 Mb
Release : 2017-05-23
Category : Law
ISBN : 9781621535621

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Protecting Your Assets from Probate and Long-Term Care by Evan H. Farr Pdf

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.

Living Trusts for Everyone

Author : Ronald Farrington Sharp
Publisher : Simon and Schuster
Page : 193 pages
File Size : 40,6 Mb
Release : 2017-03-21
Category : Law
ISBN : 9781621535706

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Living Trusts for Everyone by Ronald Farrington Sharp Pdf

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

Author : Mary Randolph
Publisher : Nolo
Page : 305 pages
File Size : 49,8 Mb
Release : 2022-04-01
Category : Law
ISBN : 9781413329865

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8 Ways to Avoid Probate by Mary Randolph Pdf

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.

How to Avoid Probate for Everyone

Author : Ronald Farrington Sharp
Publisher : Simon and Schuster
Page : 213 pages
File Size : 50,5 Mb
Release : 2020-04-07
Category : Business & Economics
ISBN : 9781621537311

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How to Avoid Probate for Everyone by Ronald Farrington Sharp Pdf

Learn how to prepare your estate and avoid costly mistakes Want to avoid probate? Gleaned from his forty-four years as an estate attorney, Sharp describes the probate process and the many reasons why it should be your last resort in estate settlement methods in How to Avoid Probate for Everyone. Living trusts are important, but there are many alternatives to using a living trust for probate avoidance. These alternatives are explained step-by-step as Sharp delves into the details. Examples of such approaches include: While state laws vary, most allow for expedited procedures for low-value estates without having to create a trust. There are a dozen different ways of leaving assets to heirs automatically at death. Special types of deeds allow you to keep control of your real estate during lifetime yet transfer it to heirs automatically at death. There are several ways of titling vehicles that allow heirs to get them without court procedures. Beneficiary designations on bank and investment accounts keep them out of your probate estate. Joint ownership of accounts and real estate can solve inheritance problems. Common myths and misconceptions about estates and probate are debunked. Trusts are covered in detail, including a section on must-use trust provisions to cover common complications and showing how a trust can easily resolve these. Joint and single trusts are examined and issues, such as how to handle personal property items, are suggested. (For instance, who gets the piano?) By avoiding probate court-supervised adult guardianship and conservatorship, families can avoid embarrassing and time-consuming incompetency hearings in court. Samples of the described documents are also included to give the reader an idea of what the paperwork actually looks like. Sharp’s matter-of-fact explanations will prepare any reader to take the necessary steps to prepare their estate with confidence and avoid probate.

Make Your Own Living Trust & Avoid Probate

Author : Enodare
Publisher : Enodare Limited
Page : 338 pages
File Size : 44,9 Mb
Release : 2010-12
Category : Law
ISBN : 9781906144272

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Make Your Own Living Trust & Avoid Probate by Enodare Pdf

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 handle 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.

How to Avoid Probate!

Author : Norman F. Dacey
Publisher : Crown Publishing Group (NY)
Page : 612 pages
File Size : 43,7 Mb
Release : 1983
Category : Estate planning
ISBN : 0517551500

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How to Avoid Probate! by Norman F. Dacey Pdf

Living Trust, Living Hell

Author : John Parker Huggard
Publisher : Unknown
Page : 202 pages
File Size : 43,6 Mb
Release : 1998
Category : Law
ISBN : STANFORD:36105060435075

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Living Trust, Living Hell by John Parker Huggard Pdf

The Living Trust Revolution

Author : Robert A. Esperti,Renno L. Peterson
Publisher : Viking Adult
Page : 504 pages
File Size : 54,6 Mb
Release : 1992
Category : Business & Economics
ISBN : UCAL:B4160250

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The Living Trust Revolution by Robert A. Esperti,Renno L. Peterson Pdf

"Robert A. Esperti and Renno L. Peterson taught Americans how to properly plan for themselves, their spouses, their children, their grandchildren, and charities in their landmark book, Loving Trust. In this new book, The Living Trust Revolution, they offer a point-by-point comparison of wills and living trusts that debunks the commonly held beliefs that wills better serve average Americans and that they can reasonably accommodate their estate planning needs. There are shocking deficiencies in the American legal system's approach to estate planning; The Living Trust Revolution exposes them and tells readers what they can do now to avoid problems - and probate - later on." "The Living Trust Revolution is written in clear, straightforward language and specifically addresses the anxieties most of us have about protecting ourselves, our assets, and our loved ones from unreasonable fees, red tape, and putting ourselves under the control of nonfamily members." "Authoritative and deeply reassuring, The Living Trust Revolution empowers readers to care for their loved ones now - and keep on caring for them in the future - with new confidence."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

We The People's Guide to Estate Planning

Author : Ira Distenfield,Linda Distenfield
Publisher : John Wiley & Sons
Page : 322 pages
File Size : 48,9 Mb
Release : 2005-04-29
Category : Business & Economics
ISBN : 9780471730910

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We The People's Guide to Estate Planning by Ira Distenfield,Linda Distenfield Pdf

WE THE PEOPLE No lawyers. Save money. We The People is America's largest legal document services company. Dedicated to helping every American avoid the high cost of legal fees, We The People gives you the information you need to handle your own legal filings quickly, easily, and inexpensively. Hundreds of thousands of Americans have already liberated themselves from the tyranny of attorneys' fees--and now you can too! We The People's Guide to Estate Planning makes planning for your future as painless as possible--all without the added hassle of hiring a lawyer. This practical, nuts-and-bolts guide covers all the basics of do-it-yourself estate planning, and covers everything you need to know about living trusts, wills, probate, and estate taxes. Extra resources--a glossary of estate planning terminology; a section on frequently asked questions; samples of effective living trusts and a last will and testament; as well as worksheets and essential information on how to settle an estate--make this the best resource available for this important step in planning for the future. You'll have all the information you need to understand the legal language of a will or living trust and learn how to seek state-specific laws and customs so you can tailor your plans accordingly. In addition, you can download sample documents from which you can create your own. Inside, you'll learn all the basics and more: * Whether you need a living trust, a will, or both * Creating a valid last will and testament * Designating a successor trustee or executor to an estate * Deciding who gets what--and making sure they do * Setting up a living trust and funding it with assets * Understanding durable power of attorney documents and living wills * Tax-saving tips that help you leave more for your beneficiaries * Getting to know (in plain English) the legal language of your will or living trust * Where to download sample documents * Settling an estate with or without a valid will or living trust It's important to take care of the ones you love after you're gone. But if your estate planning isn't done clearly, precisely, and legally, you could end up creating more problems for your survivors than you solve. Do it right, do it inexpensively, and do it yourself--with We The People's Guide to Estate Planning.