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Make Your Own Living Trust [Paperback]

Denis Clifford Attorney
4.4 out of 5 stars  See all reviews (70 customer reviews)


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Make Your Own Living Trust Make Your Own Living Trust 4.6 out of 5 stars (66)
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Book Description

March 17, 2011 1413313167 978-1413313161 10
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. Specifically, it covers 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, the 10th edition includes the latest tax and legal information, including updated information about the federal estate tax.

    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

    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 20090101)

    The best book on [the] topic is Make Your Own Living Trust... (Charlotte Observer 20090101)

    If you think you can prepare your own living trust, an excellent book is Make Your Own Living Trust. (Chicago Tribune 20090101)

    Make Your Own Living Trust is an excellent reference. (Kiplinger's Retirement Report 20090101)

    A do-it-yourself manual with checklists, step-by-step procedures, worksheets and forms. It even offers ideas for getting professional legal help for special questions or circumstances. (Los Angeles Times 20090101)

    As if life weren't complicated enough, now dying is, too. But it can be simpler for your family and friends with a living trust. [Clifford] shows how living trusts work, naming beneficiaries and creating a backup will. (Orange County Register 20090101)

    You can create your own [living trust] with Make Your Own Living Trust. (Smart Money 20090101)

    An excellent book with sample living trust forms... (St. Petersburg Times 20090101)

    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 20090101)

    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 Journal 20090101) --This text refers to an out of print or unavailable edition of this title.

    Product Details

    • Series: Make Your Own Living Trust
    • Paperback: 360 pages
    • Publisher: NOLO; 10 edition (March 17, 2011)
    • Language: English
    • ISBN-10: 1413313167
    • ISBN-13: 978-1413313161
    • Product Dimensions: 10.8 x 8.4 x 0.8 inches
    • Shipping Weight: 2 pounds
    • Average Customer Review: 4.4 out of 5 stars  See all reviews (70 customer reviews)
    • Amazon Best Sellers Rank: #145,062 in Books (See Top 100 in Books)

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    Customer Reviews

    Most Helpful Customer Reviews
    148 of 152 people found the following review helpful
    5.0 out of 5 stars Great buy! May 17, 2004
    By A Customer
    Format: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!
    Was this review helpful to you?
    91 of 95 people found the following review helpful
    5.0 out of 5 stars Attorney Approved March 10, 2006
    Format: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).
    Was this review helpful to you?
    148 of 161 people found the following review helpful
    5.0 out of 5 stars CD present June 13, 2000
    By A Customer
    Format:Paperback
    I was pleased to see this book has a Mac/Windows CD in a jacket on the inside back cover. Your advertising and reviews did not seem to mention that.
    As usual, this book was what I expect from Nolo: the best. Very informative, detailed, and useful.
    Was this review helpful to you?
    80 of 85 people found the following review helpful
    4.0 out of 5 stars Make Your Own Living Trust July 5, 2001
    Format:Paperback
    A generally easy to follow and excellent review of the material. However, a shortcoming is the lack of clearly definitive language for determining how to name mutual fund money markey accounts and life insurance policies in order to include in the Trust. For example, do you name yourself as initial trustee or the successor trustee as trustee of children's trusts as beneficiary on life policies? Do you make Trust owner and/or beneficiary of money market mutual funds. One additional crticism is that forms are not set up as "forms" per se. You must eliminate the "fill-in" language such as Name? for each blank.
    Comment | 
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    109 of 118 people found the following review helpful
    5.0 out of 5 stars Excellent! A 'must read' for anyone with assets. April 14, 1999
    By A Customer
    Format:Paperback
    Even if you plan to hire an attorney to prepare your living trust, this book will help you know what to ask and what to expect.
    Comment | 
    Was this review helpful to you?
    121 of 133 people found the following review helpful
    By A Customer
    Format: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.
    Was this review helpful to you?
    27 of 27 people found the following review helpful
    5.0 out of 5 stars Best resource on the subject August 16, 2007
    By Oregon
    Format:Paperback|Verified Purchase
    In order to help my parents with their trust, I had checked out about a dozen books on the subject from the library. I found Denis Clifford's to be the easiest to follow and easiest to read on a fairly complex subject. I found the book (and his "Plan Your Estate" book) so informative I bought a set for myself.

    This book offers lots of "real life" examples of different types of financial scenarios and the best options for setting up a trust that will protect the assets from excessive legal fees and/or estate taxes. It covers almost everything you need to know to either write your own trust or carefully check the details of your trust if prepared by a lawyer.

    The CD included provides you with the language you need to write your own by filling in the blanks, as well as the step-by-step procedure to cover all the bases to be certain the trust meets all the legal & tax requirements for trusts.

    This book is also apparently updated each year, as the tax and estate laws are frequently being revised. I highly recommend this book, and also highly recommend as a companion book that covers other aspects of financial planning, wills, etc., Dennis Clifford's Plan Your Estate.

    I was so impressed I also bought copies of both books for my parents and my sister so we could all get our finances in order.
    Comment | 
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    29 of 31 people found the following review helpful
    5.0 out of 5 stars Recommend highly... February 21, 2006
    Format:Paperback
    "Make Your Own Living Trust" was so easy to follow I recommend it to all the baby boomers. The disc attached to the back made it easy to print the required forms.
    Comment | 
    Was this review helpful to you?
    Most Recent Customer Reviews
    5.0 out of 5 stars I ordered CDS and this book.
    I was able to use the information in this book to complete my Living Trust. It is a great way to prepare a Trust. I highly recommend this method. Read more
    Published 28 days ago by Homer H. Howell
    5.0 out of 5 stars Own Living Trust
    It is really good deal! Good explanations are in the book and very good templates on CD-ROM for Living trust.
    Published 2 months ago by Lajos Z Szabo
    5.0 out of 5 stars A trust for less
    Our trust needed to be updated and this book allowed me to create my own for about $20 (including shipping). A word of warning, however. Read more
    Published 5 months ago by Hans Beerbaum
    5.0 out of 5 stars A great self-help tool
    Wanted to set up a living trust without going through an attorney and this book, with a CD
    made it a rather simple procedure. Read more
    Published 6 months ago by H. K.
    4.0 out of 5 stars Very good
    The book is easy to comprehend which says a lot if you knew me...what makes it very good is the cd that came with the book. Read more
    Published 14 months ago by R. H. Bertram
    5.0 out of 5 stars Very detailed but easy to understand
    I gave this book 5 stars because it is very informative, easy to read and easy to understand for someone like me who has no background in this topic.
    Published 14 months ago by Deborah Leenutaphong
    5.0 out of 5 stars Living Trust
    I had one of these books before but lost the cd so I order another one, did my own trust plus others
    Published 15 months ago by Sharon Companey
    5.0 out of 5 stars Have not received it yet!
    I can't really review a product until I have received it and have started using it. I always expect and give full score. My very reason to purchase!!
    Published 15 months ago by Muhammed Husain
    4.0 out of 5 stars Great information
    I was hoping for a 15-20 minute process of drafting a living trust. Takes much more time which is why attorney's charge so much to do these. Read more
    Published 16 months ago by Bkind
    4.0 out of 5 stars Great Money Saver
    Legal advice is best when received from a trusted attorney but this book is the next best thing. Not having much of a legal mind, I found myself reading some sections over and... Read more
    Published 17 months ago by J. Hensley
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