{"product_id":"2940013835184","title":"eBook about Living Trust - How To Eliminate The Hassles..","description":"NTRODUCTION TO LIVING TRUSTS\u003cbr\u003eSimply put, living trusts are an expedient way to transfer property at your death. A living trust is a legal\u003cbr\u003edocument that controls the transfer of property in the trust when you die.\u003cbr\u003eGenerally, living trusts are established during an individual’s lifetime and can be modified or changed\u003cbr\u003ewhile that person is still alive. Circumstances do change and the option to make alterations in the trust is\u003cbr\u003eimportant.\u003cbr\u003eFor this reason, a living trust is set up on a \"revocable\" basis. Revocable means you can modify or change\u003cbr\u003ethe trust’s provisions. Your other option would be to create an irrevocable trust. Once put in place, you are\u003cbr\u003eunable to change the terms of the trust regardless of the circumstances.\u003cbr\u003eAs you will see, living trusts speed up the process by which your property moves to your designated\u003cbr\u003ebeneficiaries after you die. Today, and into the foreseeable future, this is vitally important as the United\u003cbr\u003eStates is experiencing an unprecedented wealth transfer.\u003cbr\u003eIt is estimated, according to \"Fortune\" magazine, that some $6.8 trillion worth of assets will soon pass\u003cbr\u003efrom parents to children, grandchildren, friends, charities and others. The questions remains: how will this\u003cbr\u003ewealth be transferred? Will it be the traditional methods of wills and probate or the new revolution of\u003cbr\u003eestate planning that has incorporated living trusts? Many legal experts believe that living trusts are the\u003cbr\u003efuture of wealth transfers.\u003cbr\u003eThe concept of living trusts has created controversy simply because the legal profession seems evenly\u003cbr\u003esplit on the issue. Estate planners seem to favor living trusts but there are enough opposed to the concept\u003cbr\u003eto avoid a clear majority decision.\u003cbr\u003eLiving trusts are also called \"inter vivos\" trusts, a Latin term preferred by attorneys. The Internal Revenue\u003cbr\u003eService calls them \"grantor\" trusts. All mean the same thing.","brand":"Lian","offers":[{"title":"Default Title","offer_id":47178584948976,"sku":"2940013835184","price":0.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/2940013835184_p0.jpg?v=1763595347","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/2940013835184","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}