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

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3.71  ·  Rating Details  ·  28 Ratings  ·  4 Reviews
The misconceptions surrounding the last will and testament need to be put to rest: Wills benefit lawyers. Trusts benefit you. Period. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their client’ s heirs. Modern estate planning should utilize the Living Trust as the effective, efficient, and inexpensive alternative to a w ...more
Paperback, 160 pages
Published March 9th 2010 by Allworth Press (first published 2010)
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Jay
May 19, 2015 Jay rated it really liked it
Shelves: business
I read this right after finishing J.K. Lasser’s recent estate planning book, so it makes it easy to compare. The Lasser book’s coverage of living trusts runs about a quarter of the book, with the rest of the book dealing with both more basic concepts (like basic retirement planning) and more advanced concepts (like charitable trusts). Concerning living trusts, Lasser goes deeper on the mechanisms of trusts, the rules and laws and how they fit into broader planning. Sharp seems to cover the mater ...more
J V
Jan 21, 2015 J V rated it really liked it
Ok. Good explanation of trusts vs wills and why you would want one over the other (hint: he thinks most people benefit from a trust). The preface is a great 5 min summary for the whole book but it's a fast read. The appendixes, especially with the checklist for heirs to enact the trust and recover funds is valuable. There are also good tips on selecting a lawyer that will probably save some on money.
That said, I was hoping for a solution which would allow me to "do it myself" using available on
...more
Kim
Apr 26, 2014 Kim rated it really liked it
Very helpful and informative.
Carol Schultz
Jun 23, 2010 Carol Schultz rated it really liked it
This is a new release and takes what can be a complex topic and puts it into easy to understand language. A full review is on my blog at http://intthetrenches2009.blogspot.com I highly recommend this book.
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Ronald Farrington Sharp has juggled three careers as an attorney, sculptor, and writer until his recent retirement from the law. He is the author of two consumer legal guides on divorce and estate planning and his sculptural work is in the collections of numerous major universities and public and private collections. He migrates with his wife, the artist Susannah Keith, from Ann Arbor, Michigan to ...more
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