
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.
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Title : Parker and Mellows: The Modern Law of Trusts
Author : David B. Parker
Rating : 1 Stars out of 5.
Summary : Who is this book written for?
This book is written in the style of a friendly guide to law rather than a textbook. This creates confusion as the book sets out to discuss in detail problems with trusts in the English common law but does so in a fudgy you know what I mean kind of a way. Discussion centres around conceptual, more abstract, aspects of trusts and equity but with inadequate reference to the technical nature of the law (you really need to be able to supply this for yourself). Worse still, Parker and Mellows do not address all issues relevant to law students and their tendancy to gloss over some of the more technical aspects of the law explains why their conclusions leave the reader feeling unsatisfied. I would only recommend this book to someone who has a good basic knowledge of trusts as a basis for discussion. It is not an accurate guide to the law and is likely to confuse the undergraduate and mentally damage the more general reader.
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Title : Trusts (Nutshell S.)
Author : Angela Sydenham
Rating : 4 Stars out of 5.
Summary : A review of the Nutshells book on Equity and Trusts
I would definitely recommend this book to all those who are studying Equity. Unlike many legal text books, this one is written is such a way that it accessible to all, both the beginner and those who wish to clarify points on equity that they have studied. It provides the reader with a common sense approach to equity and while it can sometimes simplify some points of law, it generally provides a sufficiently detailed explanation of Equity and helps the reader to better understand this difficult subject. Another advantage to this book is that it does not saturate the reader with endless lists of cases, instead concentrating on the most important cases and providing explanations of all necessary facts in an accessible manner. In order for this book to be used as an easy reference guide while studying, the index is clear yet sufficiently detailed enabling you to find certain aspects of this area of law quickly and easily. In conclusion, this book is ideal as both a study guide and those who simply have an interest in the subject. While perhaps not detailed enough to be used as a textbook on its own, it provides a great reference point for any law student at an affordable and extremely reasonable price.
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Title : The Law of Trusts and Equitable Obligations
Author : Robert A. Pearce
Rating : 5 Stars out of 5.
Summary : A pleasure to read - detailed and well researched
I honestly believe that those who gave this book a bad review are either (a) not very bright and/or (b) have never actually read the book itself.
It is a well written and lucid book that was researched with vigour.
The book covers the essentials of Trust law.
1. A history of Equity
2. Certainty (of intention, subject matter and objects)
3. Formalities and Constitution
4. Purpose trusts (e.g. trusts for a charity)
5. Resulting and constructive trusts
6. Trustees powers and duties
7. Liability for breach of trusts
8. Tracing
I have read the whole book, and (I know most law students will find this hard to believe) I really did enjoy it.
It flows well, and I read 100 pages with ease.
It was my recommended textbook and I am glad it was.
There are a few typos (pages 397, 541, 512, 635)but who really cares?
I think this book, now in its third edition has an excellent balance between facts, cases, principles and criticism.
Furthermore it is easy to understand.
Ignore the bad reviews, they are absolutely wrong.
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