Make your living trust
Book - 2025
This book contains key information about what a living trust is, who needs one, how living trusts differ from wills, how to avoid probate, and much more--making it a useful estate planning tool.
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- Subjects
- Genres
- handbooks
Handbooks and manuals
Law for laypersons - Published
-
El Segundo, CA :
Nolo
2025-
- Holdings
- CURRENT EDITION ONLY.
- Language
- English
- Corporate Author
- Corporate Author
- Item Description
- Includes index.
- Physical Description
- volumes : illustrations ; 23 cm
- ISBN
- 9781413332827
- 1. Do You Need a Living Trust?
- Living Trust Basics
- Benefits of Living Trusts
- What Living Trusts Cannot Do
- Drawbacks of a Living Trust
- Alternatives to Making a Living Trust
- 2. What Kind of Trust Do You Need?
- Shared Living Trusts
- Property Management Trusts
- Discretionary Trusts
- Marital Trusts for Blended Families
- Less Common Trusts
- 3. The Trustees of Your Living Trust
- Original Trustees
- Successor Trustees
- Choosing a Successor Trustee
- Paying a Successor Trustee
- 4. Property That Goes Into Your Living Trust
- Types of Property
- Co-Ownership
- What Property to Transfer to Your Trust
- 5. The Beneficiaries of Your Living Trust
- Primary Beneficiaries
- Shared Gifts
- Alternate Beneficiaries
- Residuary Beneficiaries
- Leaving Explanations and Instructions
- 6. Making a Living Trust
- Deciding Whether to Hire a Lawyer
- Drafting Your Own Living Trust
- Hiring a Lawyer co Draft Your Living Trust
- Executing Your Trust
- 7. Funding Your Living Trust
- Transferring Untitled Property Into Your Trust
- Transferring Titled Property Into Your Trust
- 8. Living With Your Living Trust
- Copying and Sharing Your Trust
- Registering Your Trust
- Storing the Trust Document
- Making Changes to Your Trust Document
- Certifications of Trust
- Revoking Your Trust
- 9. After Your Death
- The Successor Trustee Takes Charge
- The Successor Trustee's Duties
- Shared Trust-Duties of the Surviving Spouse
- How a Living Trust Ends
- 10. Other Parts of Your Estate Plan
- Other Probate Avoidance Devices
- Backup Wilts
- Life Insurance
- Durable Powers of Attorney for Finances
- Health Care Directives
- Tax Planning
- Final Arrangements
- Digital Assets
- Letter to Loved Ones
- Putting Everything Together
- Appendixes
- A. Making Your Living Trust With WillMaker
- Using WillMaker to Make a Living Trust
- Reviewing and Finalizing Your Trust Document
- Living With Your WillMaker Living Trust
- Rounding Out Your Estate Plan
- B. An Example of a Living Trust
- C. Glossary
- Index