The Living Trust Workbook

by ; ;
Edition: Revised
Format: Paperback
Pub. Date: 2001-01-01
Publisher(s): Penguin Group USA
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Summary

Revised and updated--the essential workbook for creating a Living Trust and securing your family Since Robert A. Esperti and Renno L. Peterson's groundbreaking book, Loving Trust, was published in 1988, more and more people have chosen Living Trusts as a probate-free alternative to wills or conventional substitutes. Now in this revised edition, Esperti and Peterson, with David K. Cahoone, have updated and expanded this easy-to-use guide that explains everything you need to know about creating and implementing a Living Trust. This essential workbook will help you and your advisors design a trust tailored for your circumstances and wishes. In this workbook you will learn: * what a Living Trust is, how it works, and how it will save you money and your family stress during a difficult time * the role of a Living Trust in the event of disability * how to place various properties, such as real estate, market accounts, and businesses into your Living Trust * charts, checklists, worksheets, and sample forms with instructions on how to use them * tips on choosing and working with a lawyer

Table of Contents

Preface ix
Introduction xv
PART ONE Designing Your Living Trust
The Definition of Estate Planning
3(5)
A Living Trust-Centered Plan
8(11)
The Esperti Peterson Planning Process
19(9)
How to Find an Estate Planning Lawyer
28(8)
Creating Your Professional Team
36(9)
How to Select Your Trustees
45(12)
Checklist for Designing Your Plan
57(13)
Personal Information Checklist
70(17)
Meeting with Your Professional Team
87(8)
Your Second Meeting
95(8)
PART TWO Funding Your Living Trust
An Overview of Funding
103(9)
The Different Types of Revocable Living Trusts
112(12)
Methods of Funding
124(15)
Bank Accounts and Certificates of Deposit
139(9)
Publicly Traded Stocks, Bonds, and Other Securities
148(14)
Personal Effects and Other Tangible Personal Property
162(8)
Insurance and Retirement Plans
170(9)
Mortgages, Notes, and Other Receivables
179(10)
Business and Professional Interests
189(14)
Real Property Interests
203(22)
Miscellaneous Property
225(3)
Other Important Elements of Your Living Trust-Centered Plan
228(10)
A Final Word
238(1)
Appendix Forms 239(82)
Index 321

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