Whether your readers are searching for their first jobs or looking for ways to achieve success in business, these are the popular must-have titles they're looking for.
| ||||||||||||||||||
|
There is a newer edition of this item:
|
Book Description
Editorial Reviews
From the Back Cover
The Bible on How to Avoid Probate, Revised and Updated
"[The Living Trust] 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
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?
- 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 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. The Living Trust—the bible of how to avoid probate—will show you how to take full advantage of this critical estate-planning tool. This updated edition of The Living Trust includes the latest information on trust formations, tax changes, distribution rules, and more. It also offers:
- Insight into abuses within the probate system
- Advice on how to protect your business, savings, and retirement funds from frivolous lawsuits
- The effects of the Economic Growth and Tax Reconciliation Act of 2001 on estate tax, gift tax, the generation-skipping tax, and stepped-up valuation
- Sample and ancillary documents, including the estate preservation and tax-saving documents, the living will, and costs of living trust, all updated to reflect the latest tax changes and living trust requirements
About the Author
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 60,000 living trusts.
--This text refers to an alternate Paperback edition.
Product Details
Would you like to update product info or give feedback on images?
|
More About the Author
Discover books, learn about writers, read author blogs, and more.
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
45 of 46 people found the following review helpful:
4.0 out of 5 stars
Required reading for living trust development,
By A Customer
Amazon Verified Purchase(What's this?)
This review is from: The Living Trust (Paperback)
A living trust must be written by a lawyer. However, if you don't know what questions to ask or what information should be included, especially splitting of assets, most lawyers will not volunteer any helpful information. The resulting trust may not work the way you planned. Once one of the original settlors dies, their portion becomes part of a bypass trust that can't be changed. The survivor must live with whatever is defined in the bypass trust. At the time of death of the first settlor, all assets are divided between at least two trusts: the survivor's trust and the bypass trust. If the original trust is not written carefully and thoughtfully, making corrections are costly and may be impossible. This book, The Living Trust by Henry Apts III, is a revised edition published in 2003, the last update before Mr. Apts passing. An important companion book is Henry Apts "How To Settle Your Living Trust", published in 1999. Henry Apts started a company "The Estate Plan" which he franchised to various independent estate planners. Some controversy has surrounded some of these independent planners using The Estate Plan but this should not be construed as judgement against the Living Trust books. I have used these books for the last thirteen years as trustee to two living trusts and have found the information to be fairly accurate and a good basis to begin detail research from. Definitely don't ever, ever rely solely on a lawyer to develop your trust. I am a survivor of a irrevocable trust written by a prominent trust lawyer, since retired, now trying to sort out problems he created. Three lawyers later, I believe I have found a competent lawyer who truly understands trusts even though I have had to have him correct some of his own documents - keep in mind that I'm not a lawyer, just a layman who learns by trial and error.
32 of 32 people found the following review helpful:
5.0 out of 5 stars
This book is terrific for the layperson. Highly recommended.,
By A Customer
This review is from: The Living Trust (Paperback)
After reading Abts book on the Living Trust, I followed the author's recommendations, collected ALL pertinent documents and now they are in one place. If you want peace of mind regarding how to protect your assets, this book is the one to guide you through the process. It is a priceless reference source on an on-going basis. The book is straight-forward, well written, easy to understand and follow; I highly recommend it.
29 of 29 people found the following review helpful:
4.0 out of 5 stars
A positive alternative to Lawyers and their own agenda,
By A Customer
This review is from: The Living Trust (Paperback)
This book served to warn me of lawyers and the non-objective views they have. Just in time information that is clear. Please read before talking to ANY lawyer. I have seen some real dancing when I questioned advice given. I would have been completely taken by what I thought was in my best interests had I not read the book. Now to find a lawyer that can do the small parts, with out trying to provide for his/her retirement. The book tends to repeat a bit, but perhaps that is the only way to set the information in our minds. The collection of Falicy and Fact is worth the price of the book all by itself. I used it with the lawyer and she acknowledged the correct answers. Too late for her. Trust can't be regained on my nickel.
Share your thoughts with other customers: Create your own review
|
|
Inside This Book
(learn more)
Browse and search another edition of this book.
Browse and search another edition of this book.
First Sentence:
All too often people are confronted with the state and county bar associations' disinformation campaign. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
federal estate tax exclusion, estate tax equivalent exemption, surviving settlor, probate study, tax equivalent exemptions, surviving trustee, income distribution deduction, living trust, estate tax exclusions, unnecessary estate taxes, pickup tax, separate property states, guardian document, spousal gift, probate cost, state death tax credit, probate attorneys, successor trustee, deferred distribution, death costs, probate fees, probate process, lifetime settlements, probate system, decedent spouse Key Phrases - Capitalized Phrases (CAPs): (learn more)
Insurance Preservation Trust, Estate Plan Binder, Living Will, Testamentary Trust, Charitable Remainder Trust, Durable Power of Attorney, Loving Will, Gift Trust, Pour-Over Will, Family Limited Partnership, Durable General Power of Attorney, New York, United States, Separate Property Agreements, Generation-Skipping Trust, Offshore Trust, Appointment of Guardian, Tax Act, Catastrophic Illness Trust, Right-to-Die Clause, Private Letter Ruling, Appointment of Conservator, Clifford Trust, Los Angeles, Supreme Court New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
All too often people are confronted with the state and county bar associations' disinformation campaign. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
federal estate tax exclusion, estate tax equivalent exemption, surviving settlor, probate study, tax equivalent exemptions, surviving trustee, income distribution deduction, living trust, estate tax exclusions, unnecessary estate taxes, pickup tax, separate property states, guardian document, spousal gift, probate cost, state death tax credit, probate attorneys, successor trustee, deferred distribution, death costs, probate fees, probate process, lifetime settlements, probate system, decedent spouse Key Phrases - Capitalized Phrases (CAPs): (learn more)
Insurance Preservation Trust, Estate Plan Binder, Living Will, Testamentary Trust, Charitable Remainder Trust, Durable Power of Attorney, Loving Will, Gift Trust, Pour-Over Will, Family Limited Partnership, Durable General Power of Attorney, New York, United States, Separate Property Agreements, Generation-Skipping Trust, Offshore Trust, Appointment of Guardian, Tax Act, Catastrophic Illness Trust, Right-to-Die Clause, Private Letter Ruling, Appointment of Conservator, Clifford Trust, Los Angeles, Supreme Court New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 9
books:
See all 9 books this book cites
9
books
cite this book:
See all 9 books citing this book
- How to Avoid Probate! by Norman F. Dacey in Front Matter, page 2, and page 29
- Estate Planning Text 7th Edition by Kaplan Financial in Front Matter, page 7, and page 40
- Riverside County by Automobile Club of Southern California on page 225, and page 226
- Karen Ann: The Quinlans Tell Their Story by Joseph Quinlans on page 161
- District of Columbia (The Starting and Operating a Business Series) by Michael D. Jenkins on page 12
See all 9 books this book cites
- How To Settle Your Living Trust : How You Can Settle a Living Trust Swiftly, Easily, and Safely by Henry Abts on 7 pages
- The American Bar Association Guide to Wills and Estates, Second Edition: Everything You Need to Know About Wills, Estates, Trusts, and Taxes (American Bar Association Guide to Wills & Estates) by American Bar Association on page 123, and page 310
- Putting Things in Order by Ellen Baumritter in Back Matter
- The Alpha A-B Living Trust Kit: Special Book Edition with Removable Forms by Kermit Burton in Front Matter
- A Simplified Guide to Creating a Personal Will by Deborah Levine Herman in Back Matter
See all 9 books citing this book
Books on Related Topics
(learn more)
|
What Other Items Do Customers Buy After Viewing This Item?
Tags Customers Associate with This Product(What's this?)Click on a tag to find related items, discussions, and people.
|
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Listmania!
|
|
