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. You'll learn 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, this edition includes the latest tax and legal information, including updated information about the federal estate tax.
Good in all states except Louisiana.
“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