Paperback: 72 pages
Publisher: CreateSpace Independent Publishing Platform; 1 edition (June 23, 2015)
Language: English
ISBN-10: 1514675854
ISBN-13: 978-1514675854
Product Dimensions: 6 x 0.2 x 9 inches
Shipping Weight: 5.6 ounces (View shipping rates and policies)
Average Customer Review: 4.0 out of 5 stars See all reviews (9 customer reviews)
Best Sellers Rank: #1,226,578 in Books (See Top 100 in Books) #83 in Books > Law > Administrative Law > Land Use #133 in Books > Law > Administrative Law > Urban, State & Local Government #283138 in Books > Reference
Why do you need a living revocable trust? To avoid probate of course!From Author Patrick Gallagher comes a very useful book on how to "Build your own living revocable trust". This book provides a solid plan for setting up a Trust to take care of your most prized assets from cash to estate. Although I knew very little about trusts at the start of this book, by the end of it I had enough of a knowledge platform from the process described in this book to confidently take action on setting up a trust. The author sets out in detail what a Revocable Trust is, the importance of having one, and the pitfalls to avoid when putting one together [and many of these include dealing with lawyers out to line their own pockets].Book Highlights I Found Most Useful [and you will too]:- Links to useful resources that adds more value to the material for readers;- Clear summaries and strategies for how to create a Trust;- Straightforward advice on dealing with Trust Lawyers and what to expect from their services;- The importance of "Funding Your Trust" and how to do it;- Links to sample documents for building your Living Revocable Trust;- What costs to expect, and more importantly, how to save tens of thousands by doing it yourself;- Resources section at the end of the book with with links to powerful resources!The last two chapters I thought were two of the most important in the book. The author goes more into detail about "What a Trust looks like" and provides actual photos of a document, as well as the content that the document includes; Chapter 6 is as equally valuable because it shows you the "How" of changing your existing Trust, called a Restatement.
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