Make Your Own Living Trust

$39.99
by Denis Clifford Attorney

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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. "There are important differences between the trust-mill approach and that of such well-respected products as Nolo's Make Your Own Living Trust." The Wall Street Journal "A do-it-yourself manual with checklists, step-by-step procedures, worksheets and forms." The Los Angeles Times "If you think you can prepare your own living trust, Make Your Own Living Trust is an excellent reference." Chicago Tribune "For residents of all states except Louisiana, Clifford, an estate planning attorney and author, explains how to create a living trust without a lawyer. He describes probate, estate taxes, and the advantages and drawbacks of a living trust; aspects like leaving unequal amounts to children, second or subsequent marriages, disinheriting a child, communicating decisions to family and friends, and trusts for single people and unmarried and same-sex couples; and common questions related to estate taxes, gift taxes, creditors, real estate, and other topics. He discusses types of trusts; the tax-saving AB trust; choosing property to put in the trust; trustees; choosing beneficiaries; property left to minor children or young adults; preparing the trust document; transferring property to the trust; copying, storing, and registering the document; adding or selling property, amendments, and revoking the trust; what happens after the grantor dies; other aspects of estate plans, such as backup wills, taxes, planning for incapacity, and other probate-avoidance methods; wills; and getting help from lawyers. This edition has been updated, and forms and worksheets are included in the book and online." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView Denis Clifford  is an estate-planning attorney in Berkeley, California. He graduated from Columbia Law School, where he was an editor of the Law Review. He has practiced law in various ways, including representing poor people as a Legal Services Attorney and private practice. He learned that many people can do their own legal work if all that is involved is creating valid documents, rather than litigation. He is the author of many Nolo titles, including Plan Your Estate.

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