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Make Your Own Living Trust

Make Your Own Living Trust

by Denis Clifford

 eBook, Published by NOLO   (25 February 2011)

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Book description

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. Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a lawyer who specializes in estate planning. He is the author of many Nolo titles including Quick and Legal Will Book and Make Your Own Living Trust and co-author of Plan Your Estate and A Legal Guide for Lesbian and Gay Couples. He has been interviewed by such major media as The New York Times, Los Angeles Times, and Money Magazine.

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