Generating an Effective Estate Plan with a Living Trust: What You Need to Know (Quick Prep)

Written by an experienced attorney and lecturer, Generating an Effective Estate Plan with a Living Trust is a must-read for anyone managing an estate during their lifetime and ultimately planning for the distribution of assets. This book guides you through the benefits of generating a plan with a living trust, which can be used to solve potential challenges, such as issues of disability. This vital reference explains how you can ensure your desires are acted out with minimal administration and cost, achieving the best possible tax savings for your particular situation.

From walking through the probate system to explaining essential documentation in a quality estate plan, the author covers all aspects of the estate planning process in easy-to-read, non-legalese prose. Additional topics include examples of problems that can occur when the estate grows, methods of funding for death taxes, using an irrevocable trust, and working with attorneys and other professionals. With this essential resource, you'll have all the information needed to create a plan in which your loved ones are provided for in the way you intended.

About the Author

George M. Turner received his master of science from Brigham Young University and his juris doctor from University of California Los Angeles. He has been writing for professions for thirty-one years, all on the subject of trust law. His two primary texts on revocable trusts and irrevocable trusts were used for several years for graduate students at the College for Financial Planning in Denver, Colorado. In addition to his many other writings, he served as the executive officer for an international insurance company with offices in London and Guernsey. He has done extensive lecturing at five different universities.