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Make Your Own Living Trust (Book & CD-ROM)
by: Denis Clifford

List Price: $39.99

Amazon.com's Price: $26.39

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Binding: Paperback
Dewey Decimal Number: 346.73052
EAN: 9781413305692
ISBN: 1413305695
Label: NOLO
Manufacturer: NOLO
Number Of Items: 1
Number Of Pages: 349
Publication Date: March 30, 2007
Publisher: NOLO
Sales Rank: 39060
Studio: NOLO

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Editorial Review:

Book Description:
No other book covers living trusts better -- or more simply -- than this bestselling book.

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 how to create a living trust, transfer property to the trust and amend or revoke the trust at any time. Specifically, it covers how to:

create various living trusts, including an AB trust (also known as a 'marital trust' or 'bypass 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

Make Your Own Living Trust includes all the forms you need -- as tear-outs and on CD-ROM -- to create your own trust, plus step-by-step instructions for filling them out.

Completely updated and revised, the 8th edition covers the latest laws and information about federal and state estate taxes.

Good in all states except Louisiana.

Amazon.com:
Most of us know that upon our demise, a succession of fees and taxes will eat into our estates--no matter their size--if we don't plan now to protect them. Unfortunately, many of us still postpone this process because we hesitate to summon the outside legal assistance that's traditionally been required. The folks at Nolo Press have made it their mission to provide us with the means to complete a relatively uncomplicated official arrangement like this without lawyers, however, and their third edition of Make Your Own Living Trust offers hope even to the most hesitant among us. With easy-to-follow instructions, helpful worksheets, and all of the forms necessary, attorney Denis Clifford shows both individuals and couples how to avoid otherwise inevitable delays and costs by preparing on their own to transfer their property directly to their designated heirs. Clifford's method involves the creation of a 'living trust,' which is a basic legal entity that allows property to be simply passed along in this way immediately upon the death of the person who created it. He outlines advantages and drawbacks, and then clearly lays out the entire process. The excuses stop here. --Howard Rothman

Customer Reviews

Average Rating: out of 5 stars

Rating:

- Make your own living trust
Excellent hands on, easy to understand workbook; will choose to use the completed forms as a framework to discuss with a trust lawyer.

Rating:

- Excellent Book!
I found the information easy to understand, and useful. I have yet tried the CD, but if the program is a good as the book, preparing the trust document is likely to be a very simple process.

Rating:

- Only for simple Trusts
If you have and estate of more than $2 million or if you are in a second marriage and want to create a family trust as well as a marital trust, you are wasting your money on this book.

I learned more in a 2 hour meeting with a trust officer than I did in this whole book.

Rating:

- Best resource on the subject
In order to help my parents with their trust, I had checked out about a dozen books on the subject from the library. I found Denis Clifford's to be the easiest to follow and easiest to read on a fairly complex subject. I found the book (and his "Plan Your Estate" book) so informative I bought a set for myself.

This book offers lots of "real life" examples of different types of financial scenarios and the best options for setting up a trust that will protect the assets from excessive legal fees and/or estate taxes. It covers almost everything you need to know to either write your own trust or carefully check the details of your trust if prepared by a lawyer.

The CD included provides you with the language you need to write your own by filling in the blanks, as well as the step-by-step procedure to cover all the bases to be certain the trust meets all the legal & tax requirements for trusts. ... Read More

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