Description
Book SynopsisLiving Trusts, Third Edition is a complete guide to designing, funding and managing a revocable living trust. Living Trusts covers the many advantages and disadvantages in creating a revocable living trust and succinctly discusses what a revocable living trust can and cannot accomplish.
Trade Review"This is a very commendable work…. Highly Recommended" (
Estate Planning, 7/1/2004; Vol. 31, No.7)
Table of ContentsPreface.
Acknowledgments.
Abbreviations, Acronyms, and Synonyms.
PART I. THE REVOCABLE LIVING TRUST IN PERSPECTIVE.
Chapter 1. Continuing Need for Estate Planning.
Chapter 2. Framework of a Revocale Living Trust.
Chapter 3. Trustee's Powers, Duties, and Responsibilities.
Chapter 4. Property Management and Other Benefits.
Chapter 5. Disadvantages, Reservations, and Limitations of a Revocable Living Trust.
PART II. OPERATION OF A REVOCABLE LIVING TRUST AND THE IMPACT OF TAXES.
Chapter 6. Lifetime Operation of a Revocable Living Trust.
Chapter 7. Federal Income Tax.
Chapter 8. Federal and State Transfer Taxes.
PART III. LIFETIME FUNDING OF A REVOCABLE LIVING TRUST.
Chapter 9. Overview of the Funding Process.
Chapter 10. Real Property Interests.
Chapter 11. Publicly-Traded Securities and U.S. Government Obligations.
Chapter 12. Closely-Held Business Interests.
Chapter 13. Accounts in Banks, Savings Associations, and Credit Unions.
Chapter 14. Tangible and Intangible Personal Property.
Chapter 15. Qualified and Nonqualified Retirement Plans.
Chapter 16. Life Insurance and Annuities.
PART IV. SUPPORTING DOCUMENTS.
Chapter 17. Power of Attorney and Pour-Over Will.
Bibliography.
Index.
