Living Trusts for Everyone

Why a Will Is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates (Second Edition)

Author: Ronald Farrington Sharp

Publisher: Simon and Schuster

ISBN: 1621535703

Category: Law

Page: 192

View: 5734

Readers say it best: "Very informative", "saved me a lot of money and headaches!", "recommend it for everyone who has to plan estates for their elderly parents" Living Trusts for Everyone is the best resource for setting up a living trust. Explaining in specific terms what benefits a trust will have, Ronald Farrington Sharp gives the tools necessary to set up a loved one’s trust with no lawyers and no expense. Wills benefit lawyers. Trusts benefit the clients. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their clients’ heirs. Ronald Farrington Sharp describes the best way to handle modern estate planning and details the many advantages trusts have over wills in not only eliminating probate but in also protecting your assets for your heirs. Sharp explains why legal services are not needed to do the clerical work in settling a trust after death. This updated edition includes new information on an array of subjects, including: Elimination of the federal estate tax for most estates due to increased exemption amounts Online assets The use of passwords, usernames, and websites Keeping trustees honest and the process of removing trustees for malfeasance Forms for simplifying the planning process Strategies to lower attorneys’ fees>/li> With no legal jargon, just step-by-step instructions and sample form letters, Living Trusts for Everyone takes the mystery out of the process of setting up a trust.

How to Plan and Settle Estates

Author: Edmund Fleming

Publisher: Simon and Schuster

ISBN: 1621533999

Category: Law

Page: 288

View: 9282

This up-to-date, thorough, and authoritative guide clearly explains all of the complexities of planning and administering an estate. From wills, trusts, and powers of attorney to health-care directives and probate, everything you need to know is presented in an accessible, friendly style. This indispensable tool provides readers with: • A step-by-step planning process • In-depth coverage of Federal tax issues • Helpful checklists • Real-life examples • An extensive glossary of terms • Sample forms and documents How to Plan and Settle Estates is an invaluable resource for protecting loved ones, saving time and money, and reducing stress for anyone setting up or handling an estate. Allworth Press, an imprint of Skyhorse Publishing, publishes a broad range of books on the visual and performing arts, with emphasis on the business of art. Our titles cover subjects such as graphic design, theater, branding, fine art, photography, interior design, writing, acting, film, how to start careers, business and legal forms, business practices, and more. While we don't aspire to publish a New York Times bestseller or a national bestseller, we are deeply committed to quality books that help creative professionals succeed and thrive. We often publish in areas overlooked by other publishers and welcome the author whose expertise can help our audience of readers.

The Complete Guide to Planning Your Estate in Illinois

A Step-by-Step Plan to Protect Your Assets, Limit Your Taxes, and Ensure Your Wishes Are Fulfilled for Illinois Residents

Author: Linda C. Ashar,Sandy Ann Baker

Publisher: Atlantic Publishing Company

ISBN: 1601384297

Category: Law

Page: 336

View: 7500

What happens to your estate after you are gone is very much within your control. Estate planning is not only for the wealthy; it is for everyone. It is simply the process of deciding where your assets are to be distributed after your death. For those people who wish to preserve their assets for designated purposes âe" such as family or special charities âe" it becomes necessary to make special advance preparations. The right plan can protect the value of your estate and spare your loved ones unnecessary hassles and legal conflicts. The Complete Guide to Planning Your Estate in Illinois will help you glide through this complicated pro- cess. This new book has been adapted to offer Illinois residents state-specific advice for estate planning. Coau- thors Linda C. Ashar, attorney at law, and Sandy Baker have crafted an estate planning primer, allowing Illinois residents to become more informed and more involved during the process. Illinois-specific information is offered throughout this book, including: Illinoisâe(tm) probate code; Illinois rules, regulations, and laws specific to estate planning; elements of a valid Illinois will; planning your living will in Illinois; explanations of Illinois laws regarding durable health care power of attorneys, do not resuscitate (DNR) orders, and directives to withhold CPR. The bookâe(tm)s easy-to-understand context clarifies this complicated and sensitive subject and gives readers the power to take control of their future. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company presidentâe(tm)s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

The Living Trust Advisor

Everything You (and Your Financial Planner) Need to Know about Your Living Trust

Author: Jeffrey L. Condon

Publisher: John Wiley & Sons

ISBN: 1119093317

Category: Business & Economics

Page: 416

View: 1677

A comprehensive guide to living trusts, with expert financial and legal guidance The Living Trust Advisor is an expert guide for both advisors and their clients on the complex process of establishing, living with, and maintaining a living trust. Written by renowned family inheritance attorney Jeffrey L. Condon, this book discusses the various aspects of this important document, and shows you how to manage a seamless transfer of assets to various beneficiaries. This new second edition has been fully updated and revised to reflect the extensive changes to the Estate Tax Law that have taken place since the initial publication, giving you the most up-to-date information and guidance on preserving your wealth and helping your heirs avoid estate tax liability. You'll develop a vision for your trust before you ever meet with an attorney or other key players, and learn how to establish and maintain a trust that remains rock-solid for your lifetime and beyond. As the living trust has replaced the will as the primary means of settling after-death estates, clear guidance and current legal information is of utmost importance for advisors and clients alike. This book is a valuable resource for every stage of planning and execution, helping you ensure that you provide for your beneficiaries the way you intend. Know what to think about before your first meeting with a lawyer Establish and manage your living trust to carry out your wishes Identify potential inheritance problems and build solutions into the trust Distribute assets to future generations, and protect them after the transfer Dealing with complex financial and legal issues while facing our own mortality is a difficult task, but making these decisions is critical to the future outcome of your estate. The Living Trust Advisor expertly guides you through the process so you can be confident that your wishes will be carried out.

The Living Trust

The Failproof Way to Pass Along Your Estate to Your Heirs

Author: Henry W Abts

Publisher: McGraw Hill Professional

ISBN: 9780071423373

Category: Business & Economics

Page: 400

View: 5415

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. In The 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.

How to Avoid Probate!

Author: Norman F. Dacey

Publisher: Harmony Books

ISBN: 9780517551509

Category: Estate planning

Page: 598

View: 9574

Provides expanded, detailed coverage of many new types of assets, outlining more than one hundred new trust forms designed to minimize or eliminate court involvement and legal consultations

How to Settle Your Living Trust

How You Can Settle a Living Trust Swiftly, Easily, and Safely

Author: Henry W. Abts,Abts Henry

Publisher: McGraw Hill Professional

ISBN: 9780809228447

Category: Business & Economics

Page: 464

View: 7975

Offers advice for surviving family members, as well as attorneys and accountants. This book provides guidance in avoiding tax traps and other estate settlement pitfalls. It is useful for every caring husband, wife, and, parent - all those with an estate to pass along to heirs.


Author: Charles Dickens

Publisher: e-artnow

ISBN: 8026880013

Category: Fiction

Page: 950

View: 1699

Dieses eBook: "Bleakhaus" ist mit einem detaillierten und dynamischen Inhaltsverzeichnis versehen und wurde sorgfältig korrekturgelesen. Esther Summerson wächst als Kind bei Miss Barbery auf, ohne zu wissen, dass diese ihre Tante ist oder wer ihre Eltern sind; sie erfährt nur, dass ihre Mutter große Schande über sich gebracht habe. Nach dem Tod ihrer Tante wird Esther von John Jarndyce aufgenommen, einem reichen und wohltätigen Mitglied der Oberschicht, der einer der Beteiligten an dem erwähnten Erbschaftsstreit Jarndyce gegen Jarndyce ist. Sie arbeitet dort als Haushälterin von Bleak House sowie als Gesellschafterin von Ada Clare und deren entfernten Cousin Richard Carstone, zwei weiteren Beteiligten im Rechtsstreit um das Erbe im Jarndyce-Fall, die John Jarndyce als Vormund in Bleak House aufnimmt. Charles Dickens (1812-1870) war ein englischer Schriftsteller.

Ettinger on Elder Law Estate Planning

Author: Michael Ettinger

Publisher: CreateSpace

ISBN: 9781453832059

Category: Law

Page: 134

View: 6456

"Elder Law Estate Planning" is a niche area of law which combines the features of elder law and estate planning that pertain most to the needs of the middle class. In 1991, AARP published a "Consumer Report on Probate" concluding that probate was a process to be avoided. That marked the end of traditional will planning and started the "living trust revolution." Since then, millions of people have set up trusts to: * Save time and money in settling the estate * Avoid legal guardianship if they become disabled * Avoid having their personal and financial matters made public * Reduce the chance of a "will contest" * Keep control in the family and out of the court system By 1990, the field of elder law also emerged to help people navigate the increased complexity of state Medicaid rules and regulations, the soaring costs of nursing home stays, and the fact that people were living considerably longer. Elder law and estate planning continue to grow independently of each other, sometimes to the detriment of clients. Estate planning lawyers are of little value when the estate plan to avoid probate fails to prevent a nursing home stay consuming all of the assets, because the lawyer is unfamiliar with elder law. On the other hand, elder law attorneys often protect assets but overlook basic estate planning issues such as saving taxes and keeping assets in the blood. The practice of Elder Law Estate Planning means: * Getting your assets to your heirs, in the best possible way, with least amount of taxes and legal fees * Keeping those assets in the blood for your grandchildren, and * Protecting your assets from the costs of long-term care and qualifying for government benefits available to pay for care. Middle class clients today need an "elder law estate planning attorney" to address their estate planning needs as well as to help with long-term care, disability and Medicaid issues as they arise.