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 : Understanding Living Trusts: How You Can Avoid Probate, Save Taxes and Enjoy Peace of Mind Author : Vickie Schumacher Rating : 5 Stars out of 5. Summary : It keeps gettin' better all the time...
I've recently had the privilage to read this fifth installment about estate planning from Jim and Vickie Schumacher, and I can honestly say it's the best they've turned out yet. Ever since their first edition (originally titled A Will is not the Way), these two have been giving us clear and concise information about the estate planning world in everyday, conversational English. This tradition is continued in their newest edition. What makes the fifth edition a must have, however, is all the new information they've included. Five months ago, President Clinton signed the Taxpayers Relief Act of 1997, seriously changing the "rules" on estate and capital gains taxes. Not only have the Schumacher's already incorporated this new information into their book and translated it from Washington's "legelese" into English I can understand, they've even told me how these changes pratically apply to my estate planning situation. This alone would make the book worth buying, but when you couple it with the state-specific estate planning information they've included (as a direct response from reader's requests), you've got a real steal.
Title : Equity and Trusts (Nutshells S.) Author : Angela Sydenham Rating : 3 Stars out of 5. Summary : Good, but needs updating due to the Third Party Rights Act
The Nutshell books are good revision aids, but it is not helpful when they do not keep up with the current position regarding the law.
The introduction of the Third Party Contract Rights Act has fundamental implications on this area of law. If it is being taught and examined upon, then the publisher needs to update this book.
Title : Trusts and Equity (Foundation Studies in Law Series) Author : Richard Edwards Rating : 4 Stars out of 5. Summary : Straightforward and easy to read
This is one of best textbooks on trusts and equity that I have found. Designed specifically for postgradute and first time law students, it is accessible and uncomplicated. The case law it includes is relevant and very up to date. Perhaps a little too uncritical with regards to cases, and any serious student will need to supplement it with casebooks and further reading, but it is an excellent book for anybody struggling to get to grips with trusts. It gives a good, basic background on any equity topic. If only all law textbooks were as readable as this!
Title : Williams on Wills Author : Sir William J. Williams Rating : 5 Stars out of 5. Summary : The best book of its kind
I cannot recommend this book too highly. It combines a full account of the law relating to wills with a volume of precedents covering virtually every common situation.
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