Getting started with your will or trust. Ensuring that your last wishes are honored ; Making crucial decisions ; Gathering pertinent information ; Planning your bequests ; Providing for your children and dependents ; Dipping into your pocket: the tax man (and others) -- Everything you need to know about wills. Writing and signing a will ; Navigating the land mines ; When you already have a will ; Estate administration: what happens in probate court -- Trust me! how trusts work. The anatomy of a trust ; Dead or alive: picking your trust ; When you already have a trust -- Carrying out the intent of your will and trust. Planning for your incapacity ; Those cushy retirement funds ; Life insurance: making sure it doesn't backfire ; Your castle: how it's owned makes a huge difference -- The part of tens. Ten common will mistakes ; Ten reasons to have a trust ; Ten tax traps to avoid when planning your estate -- Appendix A : state signing requirements -- Appendix B : state inheritance taxes -- Appendix C : estate planning worksheet.
Summary:
"Writing a legal will is one of the most straightforward and greatest gifts you can provide for your family. But where to begin? With Wills & Trusts Kit For Dummies, you'll learn that anyone can get started creating their own wills or trusts, no matter whether they have access to custom legal advice! With tons of useful resources, like checklists, templates, and forms, and access to brand-new online content, you'll discover that the estate planning process is within your reach"-- Page [4] of cover.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.