The Living Trust: The Failproof Way to Pass Along Your Estate to Your HeirsIf you are concerned about estate planning you may be surprised that, even with a will, the probate system can eat up as much as 10 percent of an inheritance and delay the process two years. In The Living Trust, noted living trust authority Henry Abts presents a simple, inexpensive legal alternative that eliminates the costs and delays of probate and ensures that your loved ones will receive their inheritance promptly and exactly as you intended. This new edition has been completely updated to reflect the federal tax codes and up-to-the-minute developments in the legal system. |
Contents
Lest We Forget | 1 |
The Agony of Probate | 9 |
The MillionDollar Lawsuit or What Price Integrity? | 23 |
Copyright | |
20 other sections not shown
Other editions - View all
The Living Trust: The Failproof Way to Pass Along Your Estate to Your Heirs Henry W. Abts, III No preview available - 2002 |
Common terms and phrases
$1 million A-B Trust A-B-C Trust AARP allocation assets avoid probate beneficiaries Chapter child clients community property COMPARISON OF DEATH cost basis court DEATH COSTS LOVING Decedent Spouse Trust Decedent's Trust deduction deed distribution Estate Plan Binder estate tax exclusion Estimated Death Costs example Fallacy Family Limited Partnership federal estate tax Form Gain for Heirs Generation-Skipping gift tax go through probate Grantor gross estate Heirs Gain husband and wife income tax individual inheritance tax insurance policy Insurance Preservation Trust joint tenancy Living Trust Marital Deduction married couple MILLION ESTATE Offshore Trust percent person Pour-Over Power of Attorney Private Letter Ruling probate cost Probate fee probate process Q-TIP real estate second spouse separate property settlor simply specifically spouse's stepped-up valuation successor trustee Surviving Spouse Trust survivor tax return taxable Testamentary Trust tion transfer Trust document trustors