Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates

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The misconceptions surrounding the last will and testament need to be put to rest: Wills benefit lawyers. Trusts benefit you. Period. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their client’ s heirs. Modern estate planning should utilize the Living Trust as the effective, efficient, and inexpensive alternative to a will. Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle explains why wills are not the best way to handle an estate and details the many advantages trusts have over wills in not only eliminating probate, but protecting your assets for your heirs. Anyone with minor children, disabled beneficiaries, blended families, or spendthrift heirs must have a trust to be sure the assets left behind are put to good use, and that your intentions are carried out. Lawyers may have vested interests in perpetuating the probate system, but this book will explain why legal services are not needed to do the clerical work in settling a trust after death. No legal jargon or confusing double-speak, just specific step-by-step instructions and sample form letters to settle a trust are included to take the mystery out of the process. This is not a do-it-yourself book and it doesn’t try to cram every type of trust onto its pages. Living Trusts for Everyone explains in specific terms what benefit a trust will have for you and gives you the tools to settle a loved one’s trust with no lawyers and no expense. For those who already have a trust, there is a list of what to look for to see if your trust is any good, or if it needs to be updated. Trust seminars are examined with warnings on what to look out for in setting up your trust. Everyone who cares about what happens to their assets at death should read Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle!

3 thoughts on “Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates

  1. Carol Schultz-Weil
    1
    21 of 21 people found the following review helpful
    5.0 out of 5 stars
    Living Trusts for Everyone, May 12, 2010
    This review is from: Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates (Paperback)

    “This is a book for the 95 percent of the population that has done no estate planning…”
    The author is an attorney and has personally prepared over 4,000 trusts and estate plans. In the first chapter he reviews the differences between a will and a trust and states “The fact is that nearly everyone would be better off with a trust than with a will. In most cases the only person who benefits from our having a will instead of a trust is your lawyer. Attorney fees for making the will and probating the estate are a lawyer’s bread and butter.”
    I highly recommend this book as it is specific yet easy to understand. A quick read will convince you of the importance of trusts or in the rare case of why you don’t need one. The author has done an excellent job in giving detailed information without being dry or boring. Everything that he has written is important and no words are wasted. One very interesting facet of a trust is that the benefits are for the living and not just a method to disperse funds when someone passes away. As a reference tool the chapter headings allow you to review time after time as questions arise. My copy is now highlighted in yellow and green.
    Very useful reading and a must for anyone who desires to manage their finances responsibly and profitably.

    Carol Schultz-Weil
    author In The Trenches – Financial Survival During Times of Hardship

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  2. Elliot Malach "The Unknown Surfer"
    2
    13 of 13 people found the following review helpful
    5.0 out of 5 stars
    Where There’s a Will…, June 9, 2011
    By 
    Elliot Malach “The Unknown Surfer” (South Beach) –
    (VINE VOICE)
      
    (REAL NAME)
      

    Amazon Verified Purchase(What’s this?)

    The book covers the basics of the revocable living trust – what it is, who needs one, why you need one. It simply defines trustees grantors and beneficiaries. The author explains probate and why you should avoid it, why a will won’t do most of the time, and key situations in which a trust would be beneficial.

    I’d consider the book an overview, but after reading it you will know what to look for and who to ask to learn more about how to tailor one to your specific financial and personal situation.

    It gave me plenty of questions to prepare me to discuss this with my attorney.

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  3. Christian T. Browne
    3
    11 of 11 people found the following review helpful
    4.0 out of 5 stars
    Good simple overall review, July 16, 2010
    Amazon Verified Purchase(What’s this?)
    This review is from: Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates (Paperback)

    I especially liked the section that dealt with what to do when someone dies and the examples of notification needed. Good explanation of some of the instruments of of inheritance. Readable.

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