Overview
Wills benefit lawyers. Trusts benefit their clients. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their clients’ heirs. Living Trusts for Everyone is the best resource for those considering setting up a living trust. Author and expert estate-planning attorney Ronald Farrington Sharp describes the best way to handle planning and details the many benefits of trusts over wills in not only eliminating the probate process but protecting assets for your heirs. Sharp also explains why attorneys' services are not needed to do the clerical work of settling a trust after death. This updated third edition includes new information on an array of subjects, including:
- Digital assets
- Lady Bird deeds and transfer-on-death deeds
- Trust vs. wills: Which is better?
- Keeping trustees honest
- Strategies to lower attorneys’ fees
With no legal jargon, just step-by-step instructions and practical advice, Living Trusts for Everyone takes the mystery out of the process of setting up a trust while giving nonattorneys the tools necessary to set up a trust for themselves or a loved one with no lawyers and minimal expense.
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