Author: Mary Randolph
Release Date: 2018-04-01
By taking some simple steps now, you can spare your family and beneficiaries a lot of time and money. How much? Probate court proceedings after a death can drag on for a year and cost tens of thousands of dollars--money that would otherwise have gone directly to your loved ones. 8 Ways to Avoid Probate offers easy and effective ways to skip the probate process so that property goes directly to the intended beneficiaries. Using the simple, plain English instructions, you'll learn how to create a savvy estate plan. Find out about: naming payable-on-death beneficiaries for financial accounts owning property jointly leaving real estate with transfer-on-death deeds using a living trust naming the right beneficiaries for IRAs, 401 (k)s, and other retirement plans, and using probate shortcuts for small estates procedures for small estates. This (12th) edition provides updates to 50-state rules on probate, including affidavit procedures for small estates and transfer-on-death registration for vehicles and securities.
Author: Mary Randolph
Release Date: 2010-04-16
Avoid probate and save time and money with these eight strategies Probate can drag on for years, and can easily cost your family thousands of dollars -- money that would otherwise have gone to them. 8 Ways to Avoid Probate offers simple and effective methods for skipping the probate process so that property goes directly to the intended beneficiaries. Your estate doesn't have to go through probate. You can avoid probate by creating a savvy estate plan, and 8 Ways to Avoid Probate shows you how. This book offers simple but effective methods to skip the entire process -- plus real-world examples of how others have used them. Find out about: setting up payable-on-death accounts naming beneficiaries, including children, institutions, and multiple beneficiaries naming beneficiaries for retirement accounts, vehicles, real estate, and stocks and bonds special procedures for small estates holding property in joint ownership, and alternatives to joint ownership using a living trust to avoid probate making gifts of property and money The 8th edition provides updates to estate and gift tax laws, updated 50-state tables on simplified probate, and additional information on how to bequeath real estate without probate -- 12 states now offer a special deed for just this purpose.
Living trusts simplified! Protect your family and avoid probate with this bestselling guide Death may be inevitable, but probate doesn't have to be. By creating a living trust, your property will bypass lengthy and expensive probate proceedings and go directly to the people you've designated, quickly and easily. Make Your Own Living Trust explains what living trusts are, how they work, why you may want one. You'll learn how to: create an individual or shared living trust transfer assets to your trust, including real estate, stocks and bonds, jewelry, art, or a small business name beneficiaries for all trust property sign your document and make it legal appoint someone to manage property left to minors or young adults provide for trust property management if you become incapacitated retain absolute control over trust property while you live register, amend, or revoke a trust, and make a basic will. Make Your Own Living Trust includes all the forms you need to create your own trust, plus step-by-step instructions for filling them out. Completely updated and revised, this edition includes the latest tax and legal information, including updated information about the federal estate tax. Good in all states except Louisiana.
Author: Mary Randolph
Release Date: 2006
Please note that this edition is now out of print and has been replaced by the 7th edition, also available through MyiLibrary ... Attorney Mary Randolph details eight key strategies to avoiding the probate money pit, including how to: * set up payable-on-death bank accounts* name a beneficiary for retirement accounts* register stocks & bonds, and vehicles, in transfer-on-death forms* hold property in joint ownership* take advantage of special procedures for small estates* create a living trust* give away property nowIncludes worksheets and sample letters, as well as state-by-state charts that pinpoint which strategies are viable in each state.*Recommended by Modern Maturity*Book of the Month Club selection
Author: Ronald Farrington Sharp
Publisher: Skyhorse Publishing, Inc.
Release Date: 2017-03-21
Readers say it best: "Very informative", "saved me a lot of money and headaches!", "recommend it for everyone who has to plan estates for their elderly parents" Living Trusts for Everyone is the best resource for setting up a living trust. Explaining in specific terms what benefits a trust will have, Ronald Farrington Sharp gives the tools necessary to set up a loved one’s trust with no lawyers and no expense. Wills benefit lawyers. Trusts benefit the clients. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their clients’ heirs. Ronald Farrington Sharp describes the best way to handle modern estate planning and details the many advantages trusts have over wills in not only eliminating probate but in also protecting your assets for your heirs. Sharp explains why legal services are not needed to do the clerical work in settling a trust after death. This updated edition includes new information on an array of subjects, including: Elimination of the federal estate tax for most estates due to increased exemption amounts Online assets The use of passwords, usernames, and websites Keeping trustees honest and the process of removing trustees for malfeasance Forms for simplifying the planning process Strategies to lower attorneys’ fees>/li> With no legal jargon, just step-by-step instructions and sample form letters, Living Trusts for Everyone takes the mystery out of the process of setting up a trust.
Turn to Plan Your Estate for straightforward, plain-English explanations of each of your estate-planning options, so you can make the best decisions for you and those you love. Attorney Denis Clifford shows you how to: avoid probate leave property through a will or trust use life insurance to provide for your loved ones name a guardian for your minor children leave property to a young person plan for incapacity implement strategies specific to business owners reduce estate taxes, and make final arrangements. Applies in all U.S. states except Louisiana.
Author: Julian Knight
Publisher: John Wiley & Sons
Release Date: 2011-02-14
Planning how to pass your estate on doesn’t have to mean complications, legal jargon and huge bills. Wills, Probate and Inheritance Tax For Dummies, 2nd Edition takes you through the process step-by-step and gives you all the information you need to ensure that your affairs are left in good order. It shows you how to plan and write your will, minimise the stress of probate, and ensure that your nearest and dearest are protected from a large inheritance tax bill. Discover how to: Decide if a will is right for you Value your assets Leave your home through a will Appoint executors and trustees Choose beneficiaries Draw up a DIY will Work out how inheritance tax works and if you’re liable to it Find out what can and can’t be taxed
This book explains the basics of estate planning concisely and clearly. It’s the core of estate planning, made interesting! No fluff, just they the key information about wills, trusts, planning for retirement, health care directives, estate taxes, and more.
Author: Mary Randolph
Release Date: 2010-06-22
Transfer California property to someone else with the easy-to-use legal forms and information in this guide Deeds for California Real Estate shows you how to choose the right kind of deed, create it, then file it with the county recorder. This plain-English book has all the forms you'll need, with step-by-step instructions for completing them quickly and accurately. Learn how to: add or remove someone's name from the title of real estate you own transfer real estate into, or out of, a revocable living trust borrow or lend money with real estate as security and more
Author: Mary Randolph
Release Date: 2018-02-28
The Executor's Guide shows someone who's wrapping up a loved one's estate how to proceed, step by step. It explains what must be done right away and what can wait, and guides readers through a land of unfamiliar legal procedures and terminology. It covers: preparing for the job of executor or trustee the first steps to take claiming life insurance, Social Security, and other benefits making sense of a will what to do if there is no will how to determine whether probate is necessary--it may not be! managing assets a child inherits taxes an overview of probate court proceedings what you can do to avoid disputes with family members handling trusts looking up your state's laws, and working with lawyers, appraisers, accountants and other experts. The Executor's Guide contains tables that outline key points of each state's laws, the latest information on estate tax laws, and helpful worksheets.
Estate planning books often fall into two categories: Those that are overwhelming and full of jargon, focusing on strategies to avoid taxes, or those that provide a general overview of wills, trusts, and estate planning tools and issues at a basic level. Every Californian's Guide to Estate Planning is different: It focuses on estate planning issues that are unique to people who call California home. California is different from almost anywhere else, people come from all over the world to live here, less than 25% of our families fit the traditional model, property is subject to community property rules, and our property tax rates are kept low until a property changes hands. No other estate planning book on the market addresses international issues, how to plan for blended families, how and why community property matters in an estate plan, or how to pass low property taxes on to your children. Written by an estate planning attorney with more than 15 years of experience, complex issues are explained in clear and concise language with lots of examples based on real life stories.