Product Description
A guide to writing a living will features information on the Catastrophic Illness Trust, the Q-DOT trust, a trust for married partners, competency clause changes, handicapped protection, the disinherited child, and other issues. Reprint…. More >>
Tags: catastrophic illness, competency, heirs, lawyers, living trust, living will, probate system
A living trust should be written by a lawyer. However, if you don’t know what questions to ask or what information should be included, including splitting of assets, most lawyers will not volunteer any helpful information. The resulting trust may not work the way you planned. Once one of the trustees dies, it’s too late to change the trust. Therefore, reference books like this are very helpful in understanding what you want your lawyer to do for you. Definitely don’t rely on the lawyer. I am a survivor of a revocable trust written by a prominent trust lawyer, now trying to sort out problems he created.
Rating: 4 / 5
After reading Abts book on the Living Trust, I followed the author’s recommendations, collected ALL pertinent documents and now they are in one place. If you want peace of mind regarding how to protect your assets, this book is the one to guide you through the process. It is a priceless reference source on an on-going basis. The book is straight-forward, well written, easy to understand and follow; I highly recommend it.
Rating: 5 / 5
This book served to warn me of lawyers and the non-objective views they have. Just in time information that is clear. Please read before talking to ANY lawyer. I have seen some real dancing when I questioned advice given. I would have been completely taken by what I thought was in my best interests had I not read the book. Now to find a lawyer that can do the small parts, with out trying to provide for his/her retirement. The book tends to repeat a bit, but perhaps that is the only way to set the information in our minds. The collection of Falicy and Fact is worth the price of the book all by itself. I used it with the lawyer and she acknowledged the correct answers. Too late for her. Trust can’t be regained on my nickel.
Rating: 4 / 5
Henry Abts is the foremost authority on the workings of a Living Trust in the nation. After researching more I learned that Henry was basically the pioneer of hte living trust industry and has collected the best legal minds to help him in his handling of this important subject.
This book is the best and most easily understood reference in print today. Henry has a special and unique talent of taking a complex and difficult subject and then break it down so that it is both understandable and interesting.
After reading this book twice, I did a lot more research and everything else I learned was already addressed by Henry. He also has another book on settling the Living Trust that helped me greatly. This is my way of saying thanks to a great author and educator. You will not be disappointed in this book.
rh from California
Rating: 5 / 5
It is not for writing your own trust, but it was by far the best for the legal information, explanations and especially case scenarios. After reading 3-4 other books, I found this to have the clearest presentation of a complex subject; but of even greater value–it gave common (but unknown to me and not mentioned in other books) alternatives for dealing with problem personal situations like irresponsible children or family. Ex: dividing estate into three dispursements given out at five year intervals to give heirs a chance to “blow it” and then grow up. Because of this book alone, I was able to make decisions I was finally comfortable with.
Rating: 5 / 5