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Synopsis
* Avoid probate
* Manage and protect assets through disability
* Eliminate the need for a court-appointed guardian
* Avoid living trusts hype
AVOID THE BALONEY, PUFFERY, AND SNAKE OIL
OR HOW TO BEST UTILIZE LIVING TRUSTS
FOR YOURSELF AND YOUR HEIRS
A properly arranged living trust can be an invaluable estate and financial planning tool that ultimately insures your assets will reach heirs as quickly and cost effectively as possible. Unfortunately, this is more difficult to accomplish than it should be. The misinformation surrounding living trusts is staggering. Many trusts are poorly written, shamefully mismanaged, and improperly used. But even when correctly planned, a
living trust is not necessary or beneficial for everyone. How do you decide if it's the right thing for you? And how do you do it right? Get informed.
In this comprehensive book, attorney Martin M. Shenkman guides you through the confusion to gain an understanding of the process that will help you avoid pitfalls, taxes, liability manipulation, and wasted money. Here are steps to:
* Minimize probate abuse
* Minimize living trust abuse
* Protect yourself from the legal and financial ravages of disability
* Distinguish the hucksters from the real expert advisers
* Use a living trust as part of a complete estate plan to reach all your personal goals
* Avoid the need for a court-appointed guardian
* Save taxes
* Decipher documents
. . . and much more. Using sample checklists, and numerous real-life examples, Shenkman provides a balanced view of living trusts that will clarify what you do and don't need.
"synopsis" may belong to another edition of this title.
About the Author
MARTIN M. SHENKMAN CPA, MBA, JD, is a practicing attorney specializing in tax laws and investments. He is frequently quoted in the New York Times, the Wall Street Journal, and the Bottom Line. He lives in New Jersey, and is also the author of twenty-five books.
"About this title" may belong to another edition of this title.
- PublisherJohn Wiley & Sons
- Publication date2008
- ISBN 10 0471361054
- ISBN 13 9780471361053
- BindingPaperback
- Edition number1
- Number of pages244
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