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"Save your family time, money and headaches. Unlike a will, a living trust lets your family bypass probate court-which saves everyone money, delay, and hassle. Whether you are single or part of a couple, Make Your Own Living Trust can help you make a living trust that's valid in your state."--Back cover.
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Setting your goals. Selecting your estate planning goals ; Personal concerns and estate planning -- Laying the groundwork. Special property ownership rules for married people ; Inventorying your property ; Your beneficiaries -- Children -- Wills -- Probate and how to avoid it. Probate and why you want to avoid it ; Living trusts ; Joint tenancy and tenancy by the entirety ; Pay-on-death designations, registrations, and deeds ; Life insurance ; Retirement...
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Living Trusts for Everyone, Second Edition, 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 settle a loved one's trust with no lawyers and no expense.
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Living trusts are popular estate planning tools, but when you're chosen to serve as a trustee, you might wonder where to begin. The Trustee's Legal Companion has everything you need to get organized, get started, and get the job done. You'll learn how to: decide whether to take on the job of trustee, set up ongoing trusts for surviving spouses, children, or beneficiaries with special needs, invest trust assets, get help from lawyers, financial planners,...
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a"Have you ever considered the advantages of creating a living trust? In order to help readers protect themselves from both probate and long-term care, Farr delves into the many details one should know when setting up a living trust. He also outlines his Living Trust Plus Asset Protection Trust, which is the only type of self-settled asset protection trust that allows a settler to avoid probate and retain an interest in the trust while also protecting...
8) Your living trust & estate plan: how to maximize your family's assets and protect your loved ones
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This revised fifth edition from estate-planning expert Harvey J. Platt details the most up-to-date strategies for using a living trust to create a flexible estate plan. Platt explains the latest tax laws, including the American Taxpayer Relief Act of 2012, the broadening of statutes for amending trusts, and the rule against perpetuities (RAP). Platt also addresses updates on many existing topics, including lifetime exemptions; the estate, gift, and...
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Whether many people realize it or not, a will is a vital necessity in making sure all assets and wishes are properly attended to after death. Many more people neglect it because it seems too complex and time consuming. Fortunately, with this guide in hand, you will have a comprehensive outlook on exactly what a will entails and what you need to do to prepare one. You will learn the basics of estate planning, starting with the outlining of your assets...
12) Beyond the grave: the right way and the wrong way of leaving money to your children (and others)
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[2014]
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This expert, one-of-a-kind handbook shows you how to ensure that your inheritance instructions will be carried out the way you want them to be; protect your children's inheritance from creditors, ex-spouses, addictions, tax troubles, mismanagement, squandering, and other risks of loss; prevent family conflict that can arise when parents die and children divide the "family money"; leave more money to your children and grandchildren, and less to the...
13) Love & money: protecting yourself from angry exes, wacky relatives, con artists, and inner demons
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"I have often said that money problems are not solved with money. Ann-Margaret understands it is not what you make but what you keep that matters. You will read this once and refer to it for years to come." -Dr. Phil, from his foreword It is no secret that we are living in an increasingly litigious society. What may come as a surprise, though, is that we are far more likely to be involved in a costly legal dispute with a former loved one than we are...
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Powers of attorney are one of the most important legal documents you will ever sign. Every adult should have a power of attorney. Yet, many people ignored this fundamental legal step and might have no protection if they are ever disabled or are unavailable for travel or other reasons to act for themselves. They might subject themselves to the costs and trauma of a guardianship proceeding. Many who make the effort to obtain and sign a power of attorney...
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Estate planning is one of those topics that comes to mind and quickly gets filed in the "important but not right now" mental file. The conversation can be overwhelming and complex making it even more unattractive.
We tell ourselves lies to validate our avoidance of the topic, such as: "I don't have anything." "I will be dead so what does it matter?" "My kids can fight it out." The reality is that we all have something to plan for and it's time to...
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This up-to-date, thorough, and authoritative guide clearly explains all of the complexities of planning and administering an estate. From wills, trusts, and powers of attorney to health-care directives and probate, everything you need to know is presented in an accessible, friendly style. This indispensable tool provides readers with:? A step-by-step planning process? In-depth coverage of Federal tax issues? Helpful checklists? Real-life examples?...
17) Estate Planning and Administration: How to Maximize Assets, Minimize Taxes, and Protect Loved Ones
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The complexities of planning and administering an estate are clearly explained in this up-to-date and authoritative guide. This new edition covers the best techniques for transferring property through Irrevocable Life Insurance Trusts, gifting programs, paying grandchildren's medical and tuition expenses, and more. From wills, trusts, powers of attorney, and health care directives to probate and administering an estate, it's all here in easy-to-read,...
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Americans are experiencing the largest generational wealth transfer in history, while questioning their own mortality; now is the time for them to plan and protect their health, wealth and happiness in life through enlightened estate planning.
Trustworthy explores the evolution of an archaic system built on procrastination, confusion, fear and death into a modern one that focuses on autonomy, transparency and tranquility. To facilitate this shift,...
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Just like the construction of a building requires a well-designed blueprint, creating a successful estate plan requires a thorough exploration of your planning goals and needs. In this updated second edition of Secure Your Legacy, Certified Elder Law Attorney Richard J. Shapiro uses real world examples from his three decades of practicing law to provide the reader with a thorough understanding of key estate planning and elder law concepts including:
• How...
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Quiet your mind, imagine the sound of heavy steel doors closing and locking behind you! The nightmare begins. Doc (Dr.Mary Sliwa), a respected physician, has been declared incompetent and stripped of her rights to do the most basic things. The freedom to come and go at will. The freedom to pick up the phone and call her friend Stella. The freedom to be Doc.
Come, journey with her, absorb the hurt of being isolated and the fear of living out your...
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