Make Your Own Living Trust

Make Your Own Living Trust

Property left in a living trust bypasses lengthy and expensive probate court proceedings and goes directly to the person it's left to, quickly and easily. Make Your Own Living Trust clearly explains: how a living trust workshow to create a trusthow to transfer property to a trusthow to amend or revoke a trust at any time. The bestseller also provides all the forms and instructions necessary to create a basic living trust, a marital life estate trust (AB trust) and a backup will. Good in all states except Louisiana.

Most of us know that upon our demise, a succession of fees and taxes will eat into our estates--no matter their size--if we don't plan now to protect them. Unfortunately, many of us still postpone this process because we hesitate to summon the outside legal assistance that's traditionally been required. The folks at Nolo Press have made it their mission to provide us with the means to complete a relatively uncomplicated official arrangement like this without lawyers, however, and their third edition of Make Your Own Living Trust offers hope even to the most hesitant among us. With easy-to-follow instructions, helpful worksheets, and all of the forms necessary, attorney Denis Clifford shows both individuals and couples how to avoid otherwise inevitable delays and costs by preparing on their own to transfer their property directly to their designated heirs. Clifford's method involves the creation of a "living trust," which is a basic legal entity that allows property to be simply passed along in this way immediately upon the death of the person who created it. He outlines advantages and drawbacks, and then clearly lays out the entire process. The excuses stop here. --Howard Rothman