Customer Reviews

How To Settle Your Living Trust : How You Can Settle a Living Trust Swiftly, Easily, and Safely

5 star:		(3)
4 star:		(2)
3 star:		(0)
2 star:		(2)
1 star:		(2)

 

 

As an attorney specializing in estate planning for 17 years, I found some good ideas in this book. However, there are a number of statements that are misleading at best and flat-out wrong (from a technical legal and tax standpoint), at worst. Still, your lawyer should be able to spot those and it's still a very worthwhile book, on the whole.

I am in the process of settling a rather simple trust. However, I found this book of no use. Note the author first wrote a book titled "A Living Trust" which discussed setting up a living trust. "Settle a Living Trust" is a rehash of the "A Living Trust" with a little information about settling a trust. I wouldn't recommend buying this book if your seeking help in settling a trust.

Some repeated sad stories from his first book "The Living Trust". Once past these, there is some very useful info. Read it very carefully, and then take questions to his outfit, or your lawyer, or both. Then advise your next trustees so they know what is coming.

I am amazed the author of this book had the nerve to write such a book. I used his company to settle my father's estate-it wasn't swiftOR easy-it was a NIGHTMARE- requiring 4 attorneys, three accountants and 3 years of constant legal work to clean up the mess that his company recreated. My father was middle class and trusted the advise he got from Mr. Abts- his advise ended costing us thousands in legal fees-, and 3 years of constant stress to get the mess he created cleaned up. When confronted - we found that not only was his advise bad but that he does not stand behind his advise or work! we had no legal recourse for his major mistakes as he is NOT an attorney!

This book did not help me in a situation that many of you out there will find yourself in. I was second in line out of ten kids to be "Successor Trustee" and my sister was primary. She craves power so much that she has refused to provide any type of data regarding what is legally yours. You are suppose to receive the following.

1. A Statement of Assets and Liabilites of the Trust at the time of death.

2. A copy of the Federal Tax ID from the Trust.

3. A copy of how the assets were taking care of and how the taxes or tax refunds were dealt with.

Being the power monger that my sister is she has refused to provide this information and says "You are just greedy!" Appeal to Emotion fallacy to prevent a person from doing business and making it a personal attack. So far it has been three years and I have yet to get a copy of anything with letters written. I thought this book would help me but it is more for those who are Living and writting their trust. So if you got burned like me this book is not for you and you need to hire a lawyer (Will and Estate.) God Bless You and I hope this review helped you!

Fynn

The book covers what you need to know. Laws vary from state to state so the attorneys will still get their blood money but this should save you SOME of it.

After being promised this book from B2 books I waited over a month but never got the book. Had to apply for a to z guarantee to get my money back. B2 books never responed to 6 e-mails I sent. I find Amazon to have terrible customer support.

The book was received in excellent condition. I am very pleased with the service.

Exactly what I was looking for to settle a trust. You need to know the basics of trusts but it fills in the rest of what you need to settle a trust.