Everything estate owners need to establish a successful living trust

When properly designed, a revocable living trust can provide all of the estate tax-saving benefits available under a decedent’s Last Will, eliminate a lifetime court-supervised financial guardianship of a person’s financial affairs in the event of physical or mental incapacity, and, upon the trustor’s death, facilitate estate administration without the necessity of a court-supervised process, or probate. Shockingly often, however, trusts are poorly designed and underfunded, nullifying all of their considerable advantages. Living Trusts, Third Edition shows the estate owner how to set up, fund, and manage a living trust that will protect the trustor’s financial affairs in both life and death.

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DOUG H. MOY is a Consulting Specialist in estate/gift taxation and planning. His articles regularly appear in both the National Public Accountant and the Tax Management Estates, Gifts and Trusts Journal. He is a nationally recognized and much sought-after seminar speaker and specialist in his field, particularly in living trusts and community property.