The living trust advisor : everything you (and your financial planner) need to know about your living trust /: everything you (and your financial planner) need to know about your living trust. (2015)

• Record Type: Book
• Further Information: Note: Jeffrey L. Condon.
• Authors: Condon, Jeffrey L
• Contents: Pregame Warm-Up Or, Read This Before You Read This Book xiii Acknowledgments xxv The First Quarter: Establishing Your Living Trust 1 Chapter 1 How You Established Your Living Trust Without a Clear Understanding of What It Is and How It Works Or, You Don’t Know What You Don’t Know about Your Living Trust 3 Chapter 2 What Does the Living Trust Do, and How Does It Do It? Or, The Best Explanation of the Living Trust You Will Ever Get 11 Chapter 3 Do You Really Need a Living Trust? Or, Don’t Let Someone Sell You Something You Don’t Need 17 Chapter 4 Establishing Your Living Trust Or, No Better Way to Get Started . . . Than to Get Started 26 Chapter 5 Who Should You Select as the Lifetime Agent of Your Living Trust? Or, If You Become Incapacitated, Will Your Lifetime Agent Manage Your Living Trust for Your Benefit . . . or for His? 39 Chapter 6 You Can Select Your Children as Your After-Death Agent, but Will They Carry Out Your Living Trust’s Inheritance Instructions? Or, “That Was Our Parents’ Wish, But It Ain’t Our Wish” 54 The Second Quarter: Living with Your Living Trust During the Lifetimes of You and Your Spouse 67 Chapter 7 Functions of Your Living Trust While Both You and Your Spouse Are Alive Or, Don’t Quite Forget about Your Living Trust after You Have Thrown It into Your Safe-Deposit Box 69 Chapter 8 The Five Concerns about the Real Estate You Transferred to Your Living Trust Or, You Still Own Your House! 86 Chapter 9 Should You Tell Your Children about Your Living Trust? Or, Don’t Dismiss the Chance to Have a Family Inheritance Meeting—specially If the Lawyer Won’t Charge You 96 The Third Quarter Living with Your Living Trust after the Death of Your Spouse 105 Chapter 10 Will You Divert Your Deceased Spouse’s Half of the Living Trust Assets from Your Offspring? Or, How to Make Your Children Fret and Hope That You Will Do the Right Thing 107 Chapter 11 The Power to Change Your Deceased Spouse’s Inheritance Instructions . . . or Not! Or, If Your Child’s Vice Dissipates after Your Spouse Dies, Are You Allowed to Change Your Spouse’s Inheritance Instructions to Meet That Change? 115 Chapter 12 Dealing with Your Living Trust If You Remarry Or, The Battle Royal: Your Second Spouse Versus Your First Children 125 Chapter 13 Dealing with the Estate Tax Return, Splitting the Living Trust Assets, and O her Tax Stuff That You Would Rather Just Ignore after Your Spouse Dies Or, As Much as You Want to, Don’t Skip This Chapter! To Prevent Estate Taxes after Your Death, You Must Deal with Estate Tax Matters after Your Spouse’s Death 133 The Fourth Quarter Dying with Your Living Trust 163 Chapter 14 Distribution of Your Living Trust after Both You and Your Spouse Are Dead Or, The Inheritance Arena Is Not for the Fainthearted 165 Chapter 15 Don’t Intentionally Leave Your Children Unequal Inheritances Or, So What If One Needs It More Than the Other? 171 Chapter 16 The Accidental Unequal Inheritance Or, If You Think You Have Treated Your Children Equally by Leaving Them Equal Inheritances, I Have Some News for You! 178 Chapter 17 Don’t Make a Child Who Owes You Money a Debtor to Your Other Children Or, An Unforgiven and Unpaid Loan to a Child Can Wreak Havoc after Your Death 187 Chapter 18 Do Not Leave Your Child an Outright Inheritance Or, I’m Not Kidding! Don’t Leave Your Child an Outright Inheritance 195 Chapter 19 Using Your Living Trust to Force Your Child into a Conventional Lifestyle Or, If the Twig Is Bent, Will Force Do Anything to Straighten It Out? 230 Chapter 20 The Success of the Third-Party Irrevocable Protection Trust (PUPPET) Depends on Whom You’ve Selected as the Third Party Or, Try Not to Appoint One Private Person to Hold and Manage Money for Another Private Person 237 Chapter 21 Who Are Your Grandchildren? Or, Do You Really Want Your Living Trust Assets to Ultimately Wind Up with Your Son’s Second Wife’s Kids from Her First Marriage? 247 Chapter 22 The IRS Is Back! And This Time, It’s for Real! Or, “Sorry about Your Parents’ Deaths. That Will Be $200, 000, Please.” 254 Chapter 23 Who Pays the Estate Tax? Or, Don’t Make One Person Pay the Estate Tax on Living Trust Gifts That Go to Another Person 265 Postgame: Review and Lessons Learned 277 Chapter 24 Question and Answer Time! Or, Take the Opportunity to Ask This Expensive Lawyer Your Questions . . . at No Charge 279 Chapter 25 A Random Sampling of Cautionary Tales from the Inheritance Arena Or, Read About, and Learn from, My Previous Mistakes and the Mistakes of My Clients 298 About the Author Or, An Invitation from the Author to Contact Him at No Charge 371 Index 375
• Edition: Second edition
• Publisher Details: Hoboken, New Jersey : John Wiley & Sons, Inc
• Publication Date: 2015
• Extent: 1 online resource
• Subjects: 346.7305/2; Living trusts -- United States -- Popular works; Estate planning -- United States -- Popular works; Estate planning; Living trusts; United States; Popular works; Electronic books
• Languages: English
• ISBNs: 9781119093282; 1119093287; 9781119093312; 1119093317
• Related ISBNs: 9781119073949
• Notes: Note: Description based on print version record and CIP data provided by publisher.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.