Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Review

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Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Review"This is a book for the 95 percent of the population that has done no estate planning..."
The author is an attorney and has personally prepared over 4,000 trusts and estate plans. In the first chapter he reviews the differences between a will and a trust and states "The fact is that nearly everyone would be better off with a trust than with a will. In most cases the only person who benefits from our having a will instead of a trust is your lawyer. Attorney fees for making the will and probating the estate are a lawyer's bread and butter."
I highly recommend this book as it is specific yet easy to understand. A quick read will convince you of the importance of trusts or in the rare case of why you don't need one. The author has done an excellent job in giving detailed information without being dry or boring. Everything that he has written is important and no words are wasted. One very interesting facet of a trust is that the benefits are for the living and not just a method to disperse funds when someone passes away. As a reference tool the chapter headings allow you to review time after time as questions arise. My copy is now highlighted in yellow and green.
Very useful reading and a must for anyone who desires to manage their finances responsibly and profitably.
Carol Schultz-Weil
author In The Trenches - Financial Survival During Times of HardshipLiving Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Overview

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