Customer Reviews

Protecting Your Financial Future

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

 

 

This book is very readable and clear. It makes a potentially boring topic interesting and understandable. It is insightful and helps make the point that trusts are important for those with even just modest estates. It is a bit repetitious at times and contains a few too many personal stories, but it is otherwise motivating and a very useful guide for those unfamiliar with the legal world.

I thought this book would be chock full of information on how to protect your assets from ruinous or frivolous lawsuits through the use of LLCs or other methods. Although the book does touch on this, by far, the bigger emphasis is on creating revocable trusts to streamline the inheritance issues and the many risks of poor planning in this area. It would be better titled "Passing On Your Financial Assets" and as such it would be an excellent 5 Star book on estate planning. However, I can only give it 4 stars since it's called "Protecting" which I found a bit misleading.

This is a simple, easy to read book about how to protect your money, savings and your assets. It reads like a novel with good stories, yet it has information like a reference book that you can easily refer to over and over again. I had never heard of the authors before, but when I found out it was a Time/Warner Book of the Month Club Selection, I decided to give it a try, and I'm glad I did. You will be too.

What a fantastic book. Trusts are the only real way to protect familywealth while passing it to ones heirs. There are lots of attorneys preparing trusts. Once they get paid for the initial trust, The trust probably goes to a safe deposit box or executor and the trust may never be populated. It is up the the person who purchased the trust to POPULATE IT with Stocks, bonds, real estate, insurance etc. If the trust is not populated, it is useless. This book explains what needs to happen and takes up where most trust attorneys leave off. This book has the potential to save 50% of a couples wealth once both the husband and wife who drafted the orignal trust have passed on. If you want your wealth to pass on to your heirs, you need this book. The limits of protected wealth reverts from the present 3 million to 1 million in 2011. If that law is allowed to expire. This book is easily read and understood by non attorneys. Everyone needs a revocable trust, if you have been divorced and have children with two different spouses, then you doubly need this book. This book is easily worth 10 times the suggested price on the dust cover. Chet Moore Chesapeake Va

This book is a must read! The book covers so many topics such as: writing a will, protecting your business, protecting your assets, provides sample documents, and much more. This book has definitely expanded my knowledge about protecting my finances. I assumed these techniques were only available to wealthy people. I was so engrossed in the book I read it in two days. I have recommended this book to all of my friends and family.