Making a will is something that, because of the reason why we need to do it, is something that is easily put off - yet can lead to huge problems with probate if you don't write one in time.
Writing a last will and testament (to use the proper phrase for it) isn't as complicated as it used to be, and there are now many places online why you can write a legal DIY one!
Title : The Living Trust: The Failproof Way to Pass Along Your Estate to Your Heirs Without Lawyers, Courts or the Probate System Author : Henry W. Abts Rating : 2 Stars out of 5. Summary : Not a "How to" book; too many words, too little said.
17 chapters, over 350 pages discussing the importance/advantage of Living Trust over Will. Little on how to draw up a living trust except some blank forms to help organize your assests. Although covers touts not needing a lawyer, bottom line message - buy my book, organize your information and hire a lawyer(me, if possible) to prepare the living trust. Look elsewhere for detail information unless you want stuff not fluff.
Title : 60 Minute Estate Planner Rev Expand B/CD: Fast Easy Illustrated Plans to Save Taxes, Avoid Probate and Maximize Inheritance Author : Sandy F Kraemer Rating : 3 Stars out of 5. Summary : Complete summary, but little practical information
Sandy seems to cover all the bases, but the language is a bit too dense for the beginning reader, and there is little to no practical information about how to deal with a trust/trustee once the program is implemented. For example, how does a trust limit ones freedom of action wrt ones assets, before the first death as well as after. After reading, I still couldn't decide if I wanted a trust or not.
Title : Living Wills and Enduring Powers of Attorney (Pocket Lawyer S.) Author : Mark Fairweather Rating : 5 Stars out of 5. Summary : Essential reading for everybody over 18 in the UK
Imagine you have become mentally incapable of managing your own finances. This could just as easily be the result of a serious accident as old age. It could happen to anyone. It could happen to you today.
Would you want strangers running your affairs? I don't think so. This book is well written in an entertaining style and makes it easy to prepare an Enduring Power of Attorney that enables you to decide who will take control.
Everybody responsible enough to write a will should also write an EPA. It is easy and, other than the cost of the book, free. Don't delay.
Title : The Law of Trusts (Butterworths Core Texts S.) Author : James Penner Rating : 5 Stars out of 5. Summary : Excellent bird's eye view of the law of trusts
Reading Penner is like reading a storybook. At some points, the reader might even forget that he/she is reading something that has heavy academic weight. Penner presents his materials in a breezy, easy to understand manner to those who are newcomers to the law of trust. This book is indispensible for anyone wishing to do well in the trusts exams, so get one before you regret it.
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