Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $11.99/month after trial. Cancel anytime.

    Living Trusts
    Living Trusts
    Living Trusts
    Ebook349 pages13 hours

    Living Trusts

    By Doug H. Moy

    ()

    Read preview

    About this ebook

    Everything estate owners need to establish a successful living trust

    When properly designed, a revocable living trust can provide all of the estate tax-saving benefits available under a decedent’s Last Will, eliminate a lifetime court-supervised financial guardianship of a person’s financial affairs in the event of physical or mental incapacity, and, upon the trustor’s death, facilitate estate administration without the necessity of a court-supervised process, or probate. Shockingly often, however, trusts are poorly designed and underfunded, nullifying all of their considerable advantages. Living Trusts, Third Edition shows the estate owner how to set up, fund, and manage a living trust that will protect the trustor’s financial affairs in both life and death.

    Order your copy today!

    LanguageEnglish
    PublisherWiley
    Release dateApr 28, 2004
    ISBN9780471456209
    Living Trusts

    Related to Living Trusts

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      Gray Divorce: Amicable Terms for Your Finances

      May 28, 2020

      You and your spouse have made the decision to get a divorce after a lengthy marriage. Whatever your age, divorce can cause a great deal of emotional and financial upheaval. But a "gray divorce" may present a unique set of financial challenges compare

      3 min read

    • Article

      Emerging Financially Healthy After a Gray Divorce

      Mar 25, 2022

      Laura and Caroline are in their late 50s. Friends since meeting at a playgroup for their toddlers, both were in long-term, seemingly happy marriages. Laura married her high school sweetheart right after they graduated from college and worked as an RN

      7 min read

    • Article

      Top Lawyers

      Aug 19, 2019

      Top Lawyers
      5 min read

    • Article

      Holistic Legacy Planning: It's About More Than the Money

      Apr 23, 2019

      Planning your legacy can be a complicated process. Navigating how to pass on financial assets, real estate and possessions can be stressful, and some people end up putting it off due to concerns about difficult conversations with family, confusion ar

      4 min read

    • Article

      Estate Planning for Single Parents

      May 20, 2019

      Every estate planning conversation eventually focuses on the children, whether they are still minors or are grown, established and independent. When I advise families on estate planning, I first work to determine my clients' overall perspective abou

      3 min read

    • Article

      Trusts 101: Why Have a Trust?

      Jun 11, 2019

      It's a well-documented fact that most people do no estate planning. Of those who do, the majority use a last will to pass their estate to a spouse or divide it among their children. Most estate plans do not establish a trust. I suggest that if you c

      2 min read

    • Article

      Q&A

      Apr 28, 2022

      Q I just read your excellent answer to the reader aged 70 who is happy to forgo a government pension after inheriting a considerable sum of money. I am 74 and have three sons. The youngest is almost 40 and on a disability pension (mental illness). A

      5 min read

    • Article

      Five Common Pitfalls of Sudden Wealth

      Jun 24, 2019

      Sudden wealth can take many forms, including selling a business, executing stock options or reaching a legal settlement. Most often, however, sudden wealth is the result of an inheritance. Receiving a large inheritance, especially when tied to the d

      3 min read

    • Article

      The Hidden Struggle for Men Who Marry into Money

      Jun 12, 2019

      As outsiders looking in, people tend to focus on the many benefits afforded by great wealth. However, substantial wealth can introduce significant complexity within families, particularly among husbands and wives. Much of the discussion around famil

      3 min read

    • Article

      The Gray Area in Gray Divorce

      Mar 6, 2020

      An emerging pattern in American family life is gray divorce, defined as divorce among partners over the age of 50. In fact, the divorce rate among those 50 and older has doubled since 1990, according to Pew research. Divorce is a process that, under

      3 min read

    • Article

      How To Avoid The Ultimate Rip-off

      Mar 31, 2022

      Losing a loved one is hard enough, particularly during a pandemic, but what comes next can sometimes be complex and costly. There is organising the funeral, tracking down a will and winding up the estate. You have to tie up loose ends such as bank ac

      4 min read

    • Article

      Unlocking The potential

      Apr 27, 2022

      Unlocking The potential
      2 min read

    • Article

      Impact Investing in the Era of Black Lives Matter

      Dec 8, 2021

      Both Black Lives Matter and COVID have made more Americans aware of our society’s major racial disparities. In fact, since COVID’s start, investors have become considerably more interested in making impact investments that will benefit people of colo

      3 min read

    • Article

      Wills Are Vital In Transferring Wealth To The Next Generation

      Oct 24, 2020

      IT IS a fact that most people fail to plan. One cannot help but wonder why people commit to a lifetime of creating wealth but do not take the time to draft a will to deal with their assets when they die. Wills play a vital role in transferring wealth

      2 min read

    • Article

      Wills Are Vital In Transferring Wealth To The Next Generation

      Oct 24, 2020

      IT IS a fact that most people fail to plan. One cannot help but wonder why people commit to a lifetime of creating wealth but do not take the time to draft a will to deal with their assets when they die. Wills play a vital role in transferring wealth

      2 min read

    • Article

      Trustworthy Traits

      Jun 6, 2018

      We are living in such interesting times. Change is rapid. The brands most popular today may not be the brands we use tomorrow. Who we thought we were last year, may not be exactly who we are next year. What we knew last month is different to what we

      4 min read

    • Article

      A Guide to the Softer Side of Estate Planning

      Sep 17, 2018

      Who should get Grandma's cherished engagement ring? How would she want her funeral to be arranged? Where are the keys to the shed out back? Who is going to take care of her dog? The days and weeks after a loved one passes can be filled with equal pa

      4 min read

    • Article

      How to Help Your Family Wealth Last for Generations

      Nov 24, 2020

      The Chinese proverb “rags to rags in three generations” says that family wealth does not last for three generations. The first generation makes the money, the second spends it and the third sees none of the wealth. The Chinese aren’t the only ones wh

      6 min read

    • Article

      Smart Tips for Estate Planning: Write Your Will Like George Washington Did

      Aug 9, 2019

      Estate Planning for those you love can dramatically alter the course of your family for generations. In his last will and testament of 1799, George Washington, laid out a clear vision for his legacy. He bequeathed the "use, profit, and benefit" of hi

      4 min read

    • Article

      Debt And Transformation In SA – The Dynamics Of Social Upliftment

      Feb 14, 2020

      it would be hard to imagine how the burgeoning aspirations for a better life could have been met in the post-apartheid era were it not for the ability to borrow. Had there been no debt – or access to credit, to use the version that sounds more palata

      5 min read

    • Article

      Welcome Home, Kids: Now, Let's Talk Money and Wills

      Dec 11, 2019

      The holiday season is a time for families to come together, share memories and create new ones. Amid all of the gift-giving and other celebrations, holiday gatherings may be one of the few opportunities to provide important financial information to y

      3 min read

    • Article

      Beneficiary Designations: 5 Critical Mistakes to Avoid

      Apr 5, 2019

      Many people might not realize that their will does not control who inherits all of their assets when they die. Many assets pass by beneficiary designation -- which is the ability to fill out a form with the financial company holding the asset and na

      3 min read

    Related categories

    Reviews for Living Trusts

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Living Trusts - Doug H. Moy

      Enjoying the preview?
      Page 1 of 1