Wills and Trusts Kit For Dummies
Create an estate plan and protect your family's interests
Need a will, but have no idea where to start? This friendly guide shows youhow to prepare a legal will or trust — either on your own or with professional help — and ensure that your wishes are honored. You'll handle everything from planning your bequests and writing and signing a will to selecting a trust and drafting your durable power of attorney.
Discover how to:
Provide for your children
Hire and work with professionals
Minimize tax liabilities
Amend or revoke a will or trust
Avoid common estate planning mistakes
Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.
Part I: Getting Started with Your Will or Trust.
Chapter 1: Ensuring That Your Last Wishes Are Honored.
Chapter 2: Making Crucial Decisions.
Chapter 3: Gathering Per tinent Information.
Chapter 4: Planning Your Bequests.
Chapter 5: Providing for Your Children and Dependents.
Chapter 6: Dipping into Your Pocket: The Tax Man (and Others).
Part II: Everything You Need to Know about Wills.
Chapter 7: Writing and Signing a Will.
Chapter 8: Navigating the Land Mines.
Chapter 9: When You Already Have a Will.
Chapter 10: Estate Administration: What Happens in Probate Court.
Part III: Trust Me! How Trusts Work.
Chapter 11: The Anatomy of a Trust.
Chapter 12: Dead or Alive: Picking Your Trust.
Chapter 13: When You Already Have a Trust.
Part IV: Carrying Out the Intent of Your Will and Trust.
Chapter 14: Planning for Your Incapacity.
Chapter 15: Those Cushy Retirement Funds.
Chapter 16: Life Insurance: Making Sure It Doesn’t Backfire.
Chapter 17: Your Castle: How It’s Owned Makes a Huge Difference.
Part V: The Part of Tens.
Chapter 18: Ten Common Will Mistakes.
Chapter 19: Ten Reasons to Have a Trust.
Chapter 20: Ten Tax Traps to Avoid When Planning Your Estate.
Part VI: Appendixes.
Appendix A: State Signing Requirements.
Appendix B: State Inheritance Taxes.
Appendix C: Estate Planning Questionnaire.
Appendix D: About the CD.