Synopses & Reviews
Review
"You can set up your living trust yourself, but don't forget to transfer your home's title into your living trust... A good book to read first is Make Your Own Living Trust."
-- Robert Bruss The Washington Post Review
"In Nolo you can trust. ...Denis Clifford's clearly written
Make Your Own Living Trust should prove an enormous help to families who want to spare their heirs the expense and trouble of probate." --
Jan Rosen The New York Times Review
"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 JournalSynopsis
Living trusts simplified! Protect your family and avoid probate with this bestselling guide
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. You'll learn 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
. register, amend, or revoke a trust
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.
--Download forms for book at nolo.com
About the Author
Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a lawyer who specializes in estate planning. He is the author of many Nolo titles including
Quick and Legal Will Book,
Make Your Own Living Trust and
Plan Your Estate and co-author of
A Legal Guide for Lesbian and Gay Couples. He has been interviewed by such major media as The
New York Times,
Los Angeles Times, and
Money Magazine.
Table of Contents
Your Legal Companion for Making Your Own Living Trust
1 Overview of Living Trusts2 Human Realities and Living Trusts3 Common Questions About Living Trusts4 What Type of Trust Do You Need?5 Nolo’s Tax-Saving AB Trust6 Choosing What Property to Put in Your Living Trust7 Trustees8 Choosing Your Beneficiaries9 Property Left to Minor Children or Young Adults10 Preparing Your Living Trust Document11 Transferring Property to Your Trust12 Copying, Storing, and Registering Your Trust Document13 Living With Your Living Trust14 After a Grantor Dies15 A Living Trust as Part of Your Estate Plan16 Wills17 If You Need Expert HelpG GlossaryAppendixesA How to Use the Interactive FormsB FormsIndex