Make Your Own Living Trust (Make Your Own Living Trust, 4th ed) [Paperback]

Denis Clifford (Author)

Book Description

Series: Make Your Own Living Trust, 4th ed | Publication Date: June 2000

Property left in a living trust bypasses lengthy and expensive probate court proceedings and goes directly to the person it's left to, quickly and easily. Make Your Own Living Trust clearly explains:

• how a living trust works
• how to create a trust
• how to transfer property to a trust
• how to amend or revoke a trust at any time

The bestseller also provides all the forms and instructions necessary to create a basic living trust, a marital life estate trust (A-B trust) and a back-up will. Good in all states except Louisiana.

Editorial Reviews

Amazon.com Review

Most of us know that upon our demise, a succession of fees and taxes will eat into our estates--no matter their size--if we don't plan now to protect them. Unfortunately, many of us still postpone this process because we hesitate to summon the outside legal assistance that's traditionally been required. The folks at Nolo Press have made it their mission to provide us with the means to complete a relatively uncomplicated official arrangement like this without lawyers, however, and their third edition of Make Your Own Living Trust offers hope even to the most hesitant among us. With easy-to-follow instructions, helpful worksheets, and all of the forms necessary, attorney Denis Clifford shows both individuals and couples how to avoid otherwise inevitable delays and costs by preparing on their own to transfer their property directly to their designated heirs. Clifford's method involves the creation of a "living trust," which is a basic legal entity that allows property to be simply passed along in this way immediately upon the death of the person who created it. He outlines advantages and drawbacks, and then clearly lays out the entire process. The excuses stop here. --Howard Rothman --This text refers to an out of print or unavailable edition of this title.

Review

"If you think you can prepare your own living trust, an excellent books is Make Your Own Living Trust." -- Chicago Tribune, 9/15/2000

"There are important differences between the trust-mill approach and that of such well-respected products as...Make Your Own Living Trust." -- The Wall Street Journal

See all Editorial Reviews

Product Details

• Paperback
• Publisher: Nolo; 4th edition (June 2000)
• Language: English
• ISBN-10: 0873375564
• ISBN-13: 978-0873375566
• Product Dimensions: 10.8 x 8.3 x 0.8 inches
• Shipping Weight: 1.8 pounds
• Average Customer Review: 4.4 out of 5 stars  See all reviews (50 customer reviews)
• Amazon Best Sellers Rank: #2,404,016 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

119 of 121 people found the following review helpful:

5.0 out of 5 stars Great buy!, May 17, 2004

By A Customer

This review is from: Make Your Own Living Trust with CDROM (Paperback)

This book was a god-send! I was skeptical at first because I have no legal backround and I thought that making my own living trust would be complicated at best, impossible at worst. But following a recommendation of a friend I decided to give do-it-yourself law a shot. Boy am I happy I did! I saved a fortune in legal fees and was able to get the job done just as well as if I'd had a lawyer coaching me every step of the way.
Make Your Own Living Trust was easy to use and very accessible. It even has all of the forms you'll need on an enclosed CD-ROM. Thanks to this book I was able to transfer assets such as stocks, real estate and jewelry to my trust, appoint someone to manage the property that I'm leaving my children, and keep control over it while I live. So don't be afraid to do it yourself, you'll save money and get your trust done the way you want it!

80 of 82 people found the following review helpful:

5.0 out of 5 stars Attorney Approved, March 10, 2006

By 

Jason A. Shyres (Long Beach, CA) - See all my reviews
(REAL NAME)   

This review is from: Make Your Own Living Trust 7th Edition (Paperback)

I am an attorney (shyreslaw.com) and I highly recommend this book for those who could use a simple trust and want to avoid probate. Even if you decide to hire an attorney, this book is invaluable because it offers great insight into trusts and avoiding the probate system.

Attorney Denis Clifford wrote this great do-it-yourself book which provides everyone a way to create their own simple living trust. A CD-ROM is also provided so you can easily input your information and print it out.

For a more complete estate plan, the book introduces the importance of pourover wills in case the trust fails to encompass all the property. You may want to peruse Mr. Clifford's Simple Will Book as well (another recommended buy).

115 of 124 people found the following review helpful:

2.0 out of 5 stars Informative, but "Plan Your Estate" is a much better choice, December 4, 2003

By A Customer

This review is from: Make Your Own Living Trust with CDROM (Paperback)

The book explained a lot of things well, but almost nobody is going to make their own living trust with this book. Maybe single people with modest estates and no children.

The book has many warnings: "If you want to do blah, blah, blah, see a lawyer. Nolo's living trust program does not handle this situation."

I would give it 3 or 4 stars, except Nolo Press's "Plan Your Estate" is much more thorough. Better to get that.