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 : Well worth reading
This book fully explaines it all. I got a trust through a lawyer and it was just as this book says. There are diagrams to show and the language is very easy to understand.
Title : Trusts Law: Text and Materials (Law in Context S.) Author : Graham Moffat Rating : 5 Stars out of 5. Summary : Moffat Equity and Trusts
This book is extremely accessible and makes an extremely hard topic in law a great deal easier to understand. The writer avoids fancy words, which can often be confusing, and sticks to the relevant information which results in commendable clarity.
This book was a great help to me during the second year of my law degree and I would recommend it to any undergraduate.
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 : The Living Trust: Failproof Way to Pass Along Your Estate to Your Heirs Without Lawyers, Courts, or the Probate System Author : Henry W. Abts Rating : 5 Stars out of 5. Summary : This book is terrific for the layperson. Highly recommended.
After reading Abts book on the Living Trust, I followed the author's recommendations, collected ALL pertinent documents and now they are in one place. If you want peace of mind regarding how to protect your assets, this book is the one to guide you through the process. It is a priceless reference source on an on-going basis. The book is straight-forward, well written, easy to understand and follow; I highly recommend it.
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