Make Your Own Living Trust 7th Edition

No other book covers living trusts better -- or more simply -- than this bestselling book.

Death may be inevitable, but probate doesn't have to be. By creating a living trust, your property will bypass lengthy and expensive probate proceedings and go directly to the people you've designated, quickly and easily.

Make Your Own Living Trust explains how to create a living trust, transfer property to the trust and amend or revoke the trust at any time. Specifically, it covers how to:

*create various living trusts, including an AB trust (also known as a "marital trust" or "bypass trust") *transfer assets to your trust, including real estate, stocks and bonds, jewelry, art or a small business *name beneficiaries for all trust property *sign your document and make it legal *appoint someone to manage property left to minors or young adults *provide for trust property management if you become incapacitated *retain absolute control over trust property while you live

Make Your Own Living Trust includes all the forms you need -- as tear-outs and on CD-ROM -- to create your own trust, plus step-by-step instructions for filling them out.

Completely updated and revised, the 7th edition covers the "disclaimer trust," an excellent option if you're not sure whether you need an AB trust. It also provides new information on the rise of state estate taxes.

Good in all states except Louisiana.

Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a lawyer who specializes in estate planning. He is the author of many Nolo titles including Quick and Legal Will Book, Nolo's Simple Will Book and Make Your Own Living Trust and co-author of Plan Your Estate and A Legal Guide for Lesbian and Gay Couples. He has been interviewed by such major media as The New York Times, Los Angeles Times, and Money Magazine.