A point-by-point comparison of wills and living trusts debunks the myth that wills continue to adequately accommodate Americans' estate-planning needs and offers advice on how to safely plan for the future. 75,000 first printing. $75,000 ad/promo. First serial to Modern Maturity.
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Editorial Reviews
From Library Journal
This book makes a strong case for abandoning traditional estate planning techniques--wills and probate--in favor of establishing living trusts. The authors, both attorneys, claim that probate is anachronistic, slow, and expensive. They indict the legal community for clinging to wills out of habit, greed, and inertia and assert that a properly drafted revocable living trust is the best foundation for an effective estate plan. Esperti and Peterson outline the differences between living trusts and standard probate practices and present their point of view on the problems and complications of each. Among the topics covered are medicaid planning, tax considerations, transfer of assets, disability planning, and spousal rights. This is not a completely unbiased discussion, and the authors assume some familiarity with legal jargon and concepts. While not an essential purchase, it will be welcome in public and academic libraries with strong subject collections.
- Joan Pedzich, Harris, Beach & Wilcox, Rochester, N.Y.
Copyright 1993 Reed Business Information, Inc.
- Joan Pedzich, Harris, Beach & Wilcox, Rochester, N.Y.
Copyright 1993 Reed Business Information, Inc.
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5 of 5 people found the following review helpful:
2.0 out of 5 stars
Not what I expected,
By pparry@lasal.net (Moab, UT) - See all my reviews
This review is from: The Living Trust Revolution (Hardcover)
I was looking for advice on setting up a trust, trying to keep attorney and other fees as low as possible. This book certainly does not do this. The recommendations of hiring an estate attorney, a financial advisor, and other advisors to form a team would probably eat up my entire estate. For me there are much better books available
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