Living Trusts and Other Ways to Avoid Probate

Living Trusts and Other Ways to Avoid Probate PDF Author: Karen Ann Rolcik
Publisher: SphinxLegal
ISBN: 9781572481657
Category : Estate planning
Languages : en
Pages : 276

Get Book

Book Description
Explains various ways to avoid the probate court system when passing your estate on to your family

Living Trusts and Other Ways to Avoid Probate

Living Trusts and Other Ways to Avoid Probate PDF Author: Karen Ann Rolcik
Publisher: SphinxLegal
ISBN: 9781572481657
Category : Estate planning
Languages : en
Pages : 276

Get Book

Book Description
Explains various ways to avoid the probate court system when passing your estate on to your family

Understanding Living Trusts

Understanding Living Trusts PDF Author: Vickie Schumacher
Publisher: Schumacher Publishing
ISBN:
Category : Law
Languages : en
Pages : 230

Get Book

Book Description
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.

Living Trusts for Everyone

Living Trusts for Everyone PDF Author: Ronald Farrington Sharp
Publisher: Simon and Schuster
ISBN: 1621535703
Category : Law
Languages : en
Pages : 193

Get Book

Book Description
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.

How to Avoid Probate by Creating a Living Trust

How to Avoid Probate by Creating a Living Trust PDF Author: Gordon Mead Bennett
Publisher: Barnes & Noble Publishing
ISBN: 9780760754726
Category : Business & Economics
Languages : en
Pages : 232

Get Book

Book Description
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.

How to Avoid Probate for Everyone

How to Avoid Probate for Everyone PDF Author: Ronald Farrington Sharp
Publisher: Simon and Schuster
ISBN: 1621537315
Category : Business & Economics
Languages : en
Pages : 213

Get Book

Book Description
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.

Living Trusts, and Simple Ways to Avoid Probate

Living Trusts, and Simple Ways to Avoid Probate PDF Author: Karen Ann Rolcik
Publisher: Sphinx Publishing
ISBN: 9781570713361
Category : Business & Economics
Languages : en
Pages : 178

Get Book

Book Description
Self-help law kit with forms.

The Living Trust

The Living Trust PDF Author: Henry W. Abts
Publisher: McGraw-Hill/Contemporary
ISBN:
Category : Estate planning
Languages : en
Pages : 372

Get Book

Book Description
". . . is unquestionably the layman's most nearly complete source on living trusts. . . . Recommended reading for anyone who wants to maximize his net estate left to heirs, speed asset distribution after death, avoid will challenges, minimize estate costs, and maintain privacy." -- Robert Bruss, Esq., and Nationally Syndicated Real Estate Columnist Chicago Tribune ". . . presents in clear, concise, and readable language what every person needs to know. I heartily recommend it as required reading for every caring husband, wife, parent--all those with an estate to pass along to heirs." -- Byron Countryman, Esq. Countryman and McDaniel Attorneys at Law, Los Angeles Why The Living Trust Is So Important You may think your heirs have been well provided for, but did you know that: Your loved ones may have to wait more than two years before receiving a penny from your estate--even though you have left a legally valid will? Costs of probating your will may eat up more than 10 percent of your estate-money your heirs will never receive? The specific instructions of your bequest may be contested or changed completely--even though clearly spelled out in your will? Once a will is probated, it becomes a matter of public record--anyone can access the information just by going to the courthouse and asking for your tile? A will cannot help you in life? If you become incapacitated or your judgment comes into question, it becomes a matter for the courts to decide and is, again, a very public process. A Living Trust is a simple, inexpensive legal alternative that eliminates the costs and delays of probate and ensures that your loved ones will receive their inheritance promptly and exactly as you intended. It is also the only estate planning tool that allows you to plan for your own incapacity or for avoiding competency hearings. When The Living Trust was published in 1989, it quickly became the bible on how to avoid probate. This updated edition includes information on the new IRA Q-TIP Trust, the Spousal and Family Support Trust, and the Family Limited Partnership. In addition, there is new material on the Charitable Remainder Trust (to preserve a large estate), the Gift Trust (to reduce the impact of inflation), protection for the handicapped, and a checklist of more than 150 "must" provisions that separate a good Living Trust from a bad one. Also included is up-to-date information about trusts for unmarried couples, placing assets in your trust, what should never be placed in your trust, and much, much more. A nationally recognized authority on Living Trusts, Henry W. Abts III is chairman and founder of The Estate Plan, the nation's oldest and largest Living Trust production corporation, responsible for creating more than 25,000 Living Trusts. A graduate of the University of Southern California, Abts holds a master's degree from the Stanford University Graduate School of Business.

Your Guide to Living Trusts and Other Trusts

Your Guide to Living Trusts and Other Trusts PDF Author: Kay Ostberg
Publisher:
ISBN: 9780910073196
Category : Estate planning
Languages : en
Pages : 226

Get Book

Book Description


Living Trust, Living Hell

Living Trust, Living Hell PDF Author: John Parker Huggard
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 202

Get Book

Book Description


Understanding Living Trusts

Understanding Living Trusts PDF Author: Vickie Schumacher
Publisher:
ISBN: 9780945811190
Category : Business & Economics
Languages : en
Pages : 294

Get Book

Book Description