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

Name: The Living Trust: The Failproof Way to Pass Along Your Estate to Your Heirs
Brand: McGraw-Hill Companies
SKU: 9780071387095
Price: 3753.0 INR
Availability: InStock

by Henry W. Abts

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ISBN13: 9780071387095
Binding: Paperback
Subject: N/A
Publisher: McGraw-Hill Companies
Publisher Imprint: McGraw-Hill Companies
Publication Date: October 9, 2002
Pages: 432
Original Price: USD 45.0
Language: English
Edition: Revised
Item Weight: 967 grams
BISAC Subject(s): Estates & Trusts and Personal Finance / General

About The Book

From the Back Cover

The Bible on How to Avoid Probate, Revised and Updated

"[The Living Trust] is unquestionably the layman's most nearly complete source on living trusts. . . . Recommended reading for anyone who wants to maximize his net estate left to heirs, speed asset distribution after death, avoid will challenges, minimize estate costs, and maintain privacy."
--Robert Bruss, Esq., and nationally syndicated real estate columnist, Chicago Tribune

You may think your heirs have been well provided for, but did you know that:

Your loved ones may have to wait more than two years before receiving a penny from your estate--even though you have left a legally valid will?
Costs of probating your will may eat up more than 10 percent of your estate--money your heirs will never receive?
The specific instructions of your bequest may be contested or changed completely--even though clearly spelled out in your will?
A will cannot help you in life? If you become incapacitated or your judgment comes into question, it becomes a matter for the courts to decide and is a very public process.

A living trust is 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. The Living Trust--the bible of how to avoid probate--will show you how to take full advantage of this critical estate-planning tool. This updated edition of The Living Trust includes the latest information on trust formations, tax changes, distribution rules, and more. It also offers:

Insight into abuses within the probate system
Advice on how to protect your business, savings, and retirement funds from frivolous lawsuits
The effects of the Economic Growth and Tax Reconciliation Act of 2001 on estate tax, gift tax, the generation-skipping tax, and stepped-up valuation
Sample and ancillary documents, including the estate preservation and tax-saving documents, the living will, and costs of living trust, all updated to reflect the latest tax changes and living trust requirements

About The Author

Abts, Henry W.: -

A nationally recognized authority on living trusts, Henry W. Abts III is chairman and founder of The Estate Plan, the nation's oldest and largest living trust production corporation, responsible for creating more than 60,000 living trusts.

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