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The Complete Guide to Creating Your Own Living Trust

Marvin Hayes

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Published in The Complete Guide To Creating Your Own Living Trust: A Step By Step Plan To Protect Your Assets Limit Your Taxes And Ensure Your Wishes Are Fulfilled

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Unlock the Power of Estate Planning

A living trust is a powerful estate planning tool that can help you protect your assets, minimize estate taxes, and ensure your wishes are carried out after you're gone.

The Complete Guide to Creating Your Own Living Trust: A Step-by-Step Plan to Protect Your Assets, Limit Your Taxes, and Ensure Your Wishes Are Fulfilled

by Steven D. Fisher

4.3 out of 5

Language	:	English
File size	:	2639 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Word Wise	:	Enabled
Print length	:	288 pages

This comprehensive guide provides you with everything you need to know to create your own living trust, including:

Step-by-step instructions on how to create a living trust
Legal forms that you can use to create your trust
Expert advice from an estate planning attorney

Why Create a Living Trust?

There are many benefits to creating a living trust, including:

Avoid probate. Probate is the legal process of distributing your assets after you die. It can be a long and expensive process, and it can also expose your estate to creditors and other claims.
Minimize estate taxes. Estate taxes can be a significant burden on your heirs. A living trust can help you minimize estate taxes by transferring your assets to the trust before you die.
Protect your assets from creditors. If you have a living trust, your assets will be protected from creditors if you become disabled or die.
Ensure your wishes are carried out. A living trust allows you to specify how you want your assets to be distributed after you die. This can help ensure that your wishes are carried out, even if you are unable to make decisions for yourself.

How to Create a Living Trust

Creating a living trust is a relatively simple process. You can do it yourself, or you can hire an estate planning attorney to help you.

If you decide to create a living trust yourself, you will need to follow these steps:

Choose a trustee. The trustee is the person who will manage your trust after you die. You can choose a family member, friend, or professional trustee.
Create a trust document. The trust document is the legal document that creates your trust. You can create a trust document yourself, or you can use a legal form.
Fund your trust. Once you have created a trust document, you need to fund your trust by transferring your assets to the trust.

Legal Forms

This guide includes the following legal forms:

Living Trust Agreement
Revocable Living Trust Agreement
Irrevocable Living Trust Agreement
Pour-Over Will

Expert Advice

This guide also includes expert advice from an estate planning attorney. The attorney provides insights on the following topics:

The different types of living trusts
The pros and cons of living trusts
How to create a living trust
How to fund a living trust
How to avoid common mistakes

A living trust is a powerful estate planning tool that can help you protect your assets, minimize estate taxes, and ensure your wishes are carried out after you're gone.

This comprehensive guide provides you with everything you need to know to create your own living trust. Follow the step-by-step instructions, use the legal forms, and get expert advice to create a living trust that meets your needs.

Don't wait until it's too late. Start planning your estate today.

Free Download your copy of The Complete Guide to Creating Your Own Living Trust today!

The Complete Guide to Creating Your Own Living Trust: A Step-by-Step Plan to Protect Your Assets, Limit Your Taxes, and Ensure Your Wishes Are Fulfilled

by Steven D. Fisher

4.3 out of 5