Living trusts simplified! Protect your family and avoid probate with this bestselling guideDeath 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 what living trusts are, how they work, why you may want one. You'll learn how to:
- create an individual or shared living 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
- register, amend, or revoke a trust, and
- make a basic will.
Make Your Own Living Trust includes all the forms you need to create your own trust, plus step-by-step instructions for filling them out. Completely updated and revised, this edition includes the latest tax and legal information, including updated information about the federal estate tax.
Good in all states except Louisiana.