The Living Trust

Overview

If 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...

See more details below
Available through our Marketplace sellers.
Other sellers (Paperback)
  • All (22) from $1.99   
  • New (2) from $14.99   
  • Used (20) from $1.99   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$14.99
Seller since 2014

Feedback rating:

(0)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
1993 Trade paperback REVS ed. New. Trade paperback (US). Glued binding. 345 p. Audience: General/trade. NEW.

Ships from: Rio Rico, AZ

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$45.00
Seller since 2014

Feedback rating:

(149)

Condition: New
Brand new.

Ships from: acton, MA

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Close
Sort by
Sending request ...

Overview

If 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.

The Bible on How to Avoid Probate, Revised and Updated

You may think your heirs have been well provided for, but did you know that:

  • Your loved ones may have to wait more than two years before receiving a penny from your estate—even though you have left a legally valid will?
  • Costs of probating your will may eat up more than 10 percent of your estate—money your heirs will never receive?
  • The specific instructions of your bequest may be contested or changed completely—even though clearly spelled out in your will?
  • A will cannot help you in life? If you become incapacitated or your judgment comes into question, it becomes a matter for the courts to decide and is a very public process.

A living trust is 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. The Living Trust—the bible of how to avoid probate—will show you how to take full advantage of this critical estate-planning tool. This updated edition of The Living Trust includes the latest information on trust formations, tax changes, distribution rules, and more. It also offers:

  • Insight into abuses within the probate system
  • Advice on how to protect your business, savings, and retirement funds from frivolous lawsuits
  • The effects of the Economic Growth and Tax Reconciliation Act of 2001 on estate tax, gift tax, the generation-skipping tax, and stepped-up valuation
  • Sample and ancillary documents, including the estate preservation and tax-saving documents, the living will, and costs of living trust, all updated to reflect the latest tax changes and living trust requirements

A licensed and registered investment advisor explains the costs and disadvantages of probate and how to avoid them with a living trust.

Read More Show Less

Editorial Reviews

Library Journal
While not a new concept, the living trust as a form of estate planning is not well known to the general public. Abts joins a chorus of experts recommending this device, which largely replaces a will and avoids passing property through probate. This is a detailed and competent, if somewhat stolid, presentation. Readers may get bogged down in matters such as the tax consequences of holding joint property before they reach anything substantive on living trusts. Robert A. Esperti and Renno L. Peterson's Loving Trust ( LJ 6/15/88) is a better organized and a more engagingly written treatment of this topic. Nevertheless, Abts is somewhat more thorough, and his book can be recommended to libraries where interest is high.-- Jack Ray, Loyola/Notre Dame Lib., Baltimore
Read More Show Less

Product Details

  • ISBN-13: 9780809239184
  • Publisher: McGraw-Hill/Contemporary
  • Publication date: 5/1/1993
  • Edition description: REVISED
  • Pages: 368
  • Product dimensions: 8.53 (w) x 10.89 (h) x 0.99 (d)

Table of Contents

Preface
Acknowledgments
Introduction
1 Lest We Forget 1
2 The Agony of Probate 9
3 The Million-Dollar Lawsuit, or What Price Integrity? 23
4 Joint Tenancy: A Poor Alternative 37
5 Estate and Inheritance Taxes 49
6 The Living Trust vs. a Will 59
7 Understanding the Living Trust 85
8 Parties to the Trust 113
9 Allocation and Distribution of Assets 123
10 Separating the Good from the Bad 139
11 Ancillary Documents 159
12 Estate Preservation and Tax-Saving Documents 175
13 Organizing Your Estate 203
14 Funding Your Trust for Life 221
15 Settling the Estate 239
16 Determining Your Net Worth 261
17 Creating Your Estate Plan 271
18 Appropriate Costs of the Living Trust and Accompanying Documents 277
19 Conclusion 283
App. A Comparison of Death Costs: Loving Will vs. Living Trust for Single Person with A Trust 287
App. B Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A Trust 299
App. C Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A-B Trust 307
App. D Comparison of Death Costs: Loving Will vs. Living Trust for Married Couple with A-B-C Trust 319
App. E Comparison of Death Costs: Testamentary Trust vs. Living Trust for Married Couple with A-B Trust 325
App. F Comparison of Death Costs: Testamentary Trust vs. Living Trust for Married Couple with A-B-C Trust 335
App. G Everything You Always Wanted to Know About the Living Trust - But Were Afraid to Ask 339
App. H American Association of Retired Persons (AARP) Study 359
App. I Fact vs. Fallacy: Misrepresentation by Will and Probate Attorneys 363
App. J Most Attorneys Are Not That Well Versed in the Living Trust 381
App. K: Private Letter Ruling 389
Index 395
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)