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About Make Your Own Living Trust
Product Description Save your family time, money, and headaches Unlike a will, a living trust lets your family bypass probate court―which saves everyone money, delay, and hassle. Whether you are single or part of a couple, Make Your Own Living Trust can help you make a living trust that’s valid in your state. Use this book to: decide whether a living trust is right for your family name beneficiaries to inherit your assets appoint someone to manage trust property inherited by children keep control over trust property while you live appoint someone to manage trust property if needed, and transfer all types of assets to your trust, including real estate, stocks, jewelry, art, or business assets. The legal forms in this book are not valid in Louisiana. Downloadable forms for book through a special link. Review “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 “A do-it-yourself manual with checklists, step-by-step procedures, worksheets and forms.” The Los Angeles Times “If you think you can prepare your own living trust, Make Your Own Living Trust is an excellent reference.” Chicago Tribune "For residents of all states except Louisiana, Clifford, an estate planning attorney and author, explains how to create a living trust without a lawyer. He describes probate, estate taxes, and the advantages and drawbacks of a living trust; aspects like leaving unequal amounts to children, second or subsequent marriages, disinheriting a child, communicating decisions to family and friends, and trusts for single people and unmarried and same-sex couples; and common questions related to estate taxes, gift taxes, creditors, real estate, and other topics. He discusses types of trusts; the tax-saving AB trust; choosing property to put in the trust; trustees; choosing beneficiaries; property left to minor children or young adults; preparing the trust document; transferring property to the trust; copying, storing, and registering the document; adding or selling property, amendments, and revoking the trust; what happens after the grantor dies; other aspects of estate plans, such as backup wills, taxes, planning for incapacity, and other probate-avoidance methods; wills; and getting help from lawyers. This edition has been updated, and forms and worksheets are included in the book and online." Eithne O'Leyne, Editor Ringgold, Inc. ProtoView About the Author Denis Clifford, is an estate-planning attorney in Berkeley, California. He graduated from Columbia Law School, where he was an editor of the Law Review. He has practiced law in various ways, including representing poor people as a Legal Services Attorney and private practice. He learned that many people can do their own legal work if all that is involved is creating valid documents, rather than litigation. He is the author of many Nolo titles, including Plan Your Estate.
