9780071387095

If you are concerned about estate planning you may be surprised that, even with a will, the probate system can eat up as much as 10 percent of an inheritance and delay the process two years. InThe Living Trust, noted living trust authority Henry Abts presents a simple, inexpensive legal alternative that eliminates the costs and delays of probate and ensures that your loved ones will receive their inheritance promptly and exactly as you intended. This new edition has been completely updated to reflect the federal tax codes and up-to-the-minute developments in the legal system.

Henry W. Abts III is chairman and founder of The Estate Plan, the nation's oldest and largest Living Trust production corporation.

Preface
Acknowledgments
Introduction
Lest We Forget	p. 1
The Agony of Probate	p. 9
The Million-Dollar Lawsuit, or What Price Integrity?	p. 23
Joint Tenancy: A Poor Alternative	p. 37
Estate and Inheritance Taxes	p. 49
The Living Trust vs. a Will	p. 59
Understanding the Living Trust	p. 85
Parties to the Trust	p. 113
Allocation and Distribution of Assets	p. 123
Separating the Good from the Bad	p. 139
Ancillary Documents	p. 159
Estate Preservation and Tax-Saving Documents	p. 175
Organizing Your Estate	p. 203
Funding Your Trust for Life	p. 221
Settling the Estate	p. 239
Determining Your Net Worth	p. 261
Creating Your Estate Plan	p. 271
Appropriate Costs of the Living Trust and Accompanying Documents	p. 277
Conclusion	p. 283
Comparison of Death Costs: Loving Will vs. Living Trust for Single Person with A Trust	p. 287
Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A Trust	p. 299
Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A-B Trust	p. 307
Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A-B-C Trust	p. 319
Comparison of Death Costs: Testamentary Trust vs. Living Trust for Married Couple with A-B Trust	p. 325
Comparison of Death Costs: Testamentary Trust vs. Living Trust for Married Couple with A-B-C Trust	p. 335
Everything You Always Wanted to Know About the Living Trust - But Were Afraid to Ask	p. 339
American Association of Retired Persons (AARP) Study	p. 359
Fact vs. Fallacy: Misrepresentation by Will and Probate Attorneys	p. 363
Most Attorneys Are Not That Well Versed in the Living Trust	p. 381
App. K: Private Letter Ruling	p. 389
Index	p. 395
Table of Contents provided by Blackwell. All Rights Reserved.

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

Amazon no longer offers textbook rentals. We do!

The Living Trust The Failproof Way to Pass Along Your Estate to Your Heirs

The Living Trust The Failproof Way to Pass Along Your Estate to Your Heirs

0071387099

Summary

Author Biography

Table of Contents

Supplemental Materials

Write a Review