Book description
AARP Digital Editions offer you practical tips, proven solutions, and
expert guidance.
Many of us spend a lifetime building wealth and accumulating assets,
but fail to properly plan how all of this will be passed on once we
are gone. And while dealing with complex financial issues such as
inheritance and estate taxes forces us to face our own mortality,
making these difficult decisions is something we all need to do.
Living trust attorney and bestselling author Jeffrey Condon is
extremely familiar with these types of situations and understands the
importance of a living trust in an increasingly uncertain world. Now,
with The Living Trust Advisor, he skillfully discusses the various
aspects of this document and details how it can provide a seamless
transfer of assets to your spouse, children, and other beneficiaries
after you are gone.
Written in a straightforward and accessible style-and peppered with
Condon's trademark humor-The Living Trust Advisor puts the living
trust in perspective and walks you through the four life phases
associated with it. Page by page, this practical guide will help you:
- Address the numerous issues that should be considered before
first meeting with a living trust lawyer and other key players in
this arena
- Establish and manage your living trust over the course of your
life as well as prepare it to carry out your financial wishes once
you and your spouse have passed on
- Identify potential inheritance problems now, so you can build
solutions into your living trust before it's too late
- Distribute living trust assets to future generations and protect
those assets once the transfer is complete
- And much more
Throughout the book, Condon provides you with real-world examples
that illustrate key points or clarify particular concepts. While many
of these examples are drawn from Condon's professional relationship
with clients, some anecdotes are associated with his personal
experiences in this field.
If you've picked up this book, then you're probably thinking about
putting together a living trust. Or, perhaps you already have a living
trust and you're looking to revisit it. Whatever your reasons, this
reliable resource contains the straightforward advice and practical
insights you need to create and maintain a living trust that will
ensure your final financial wishes are carried out in full.
