Revocable Trust – eBook, Softcover or eBook & Softcover

Price range: $49.95 through $99.95

Revocable Trust is a trust that can be changed, amended, or revoked by the person who created it during their lifetime. The creator maintains control of the trust assets and can modify the terms as circumstances change. It is commonly used to manage property, organize estate planning, and provide clear instructions for how assets should be handled.

Available as an eBook, Softcover, or eBook + Softcover combination.

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Description

Revocable Trust

What Will You Learn?

  1. How a revocable living trust works and why it is used in estate planning.
  2. How to create your own revocable living trust step-by-step.
  3. The roles and responsibilities of the grantor, trustee, successor trustee, and beneficiaries.
  4. How to properly fund a trust by transferring assets into it.
  5. How to place real estate, vehicles, bank accounts, and personal property into a trust.
  6. How a trust helps organize your estate and avoid probate court delays.
  7. How to write and structure the essential trust documents and schedules.
  8. How to manage and operate a trust while you are alive.
  9. How trustees manage assets, pay expenses, and distribute property according to the trust terms.
  10. How to create trust letters and documents used with banks and financial institutions.
  11. How to appoint trustees, co-trustees, and successor trustees.
  12. How to keep proper trust records using ledgers and documentation systems.
  13. How to handle asset transfers and property assignments into the trust.
  14. How the trust continues to operate after the grantor’s death.
  15. How to organize a complete trust binder with all necessary documents and records.

Book Description

A revocable living trust is a legal arrangement that allows a person to place their assets into a trust while maintaining full control of those assets during their lifetime. The person who creates the trust, known as the grantor, typically serves as the trustee and manages the property held in the trust. Because the trust is revocable, the grantor can change, amend, or completely cancel the trust at any time while they are alive.

This book explains how a revocable living trust can be used to organize assets, clearly define beneficiaries, and establish instructions for how property should be handled both during life and after death. By placing assets into the trust and properly funding it, individuals can create a structured plan for managing property, investments, and personal assets under one legal framework.

Inside the book, readers are guided through the complete process of creating and operating a trust. It includes detailed explanations of trust documents, schedules, beneficiary instructions, and trustee responsibilities. The book also provides practical examples, templates, and instructions that help readers understand how to draft, fund, and manage their trust correctly.

In addition to explaining how a trust is created, the book also teaches how to maintain it over time. Readers learn how to organize trust records, manage trust bank accounts, transfer property into the trust, and keep proper ledgers and documentation. The goal of the book is to provide a clear and practical guide that helps individuals understand how a revocable living trust works and how it can be used to manage and transfer assets according to the grantor’s wishes.

Books Details

Author: Ann LeFlore
Pages: 314
Format: eBook and/or Softcover
Category: Trust Administration

Table of Contents

  1. Introduction to Revocable Living Trusts

  2. Essential Trust Documents and Trust Organization

  3. Understanding Grantors, Trustees, and Beneficiaries

  4. Creating and Structuring a Revocable Living Trust

  5. Revocable Living Trusts for Individuals

  6. Revocable Living Trusts for Married Couples

  7. Revocable Living Trusts for Widows with Co-Trustees

  8. Amended and Restated Revocable Trusts

  9. Trust Funding and Asset Transfers

  10. Beneficiary Instructions and Distribution Planning

  11. Death Instructions and Post-Death Trust Administration

  12. Certification of Trust and Supporting Legal Documents

  13. Trust Letters, Trustee Appointments, and Banking Documents

  14. Trust Ledgers, Recordkeeping, and Trust Management

  15. Checklists, Common Pitfalls, FAQs, and State Law References

Available as an eBook, Softcover, or eBook + Softcover combination.

Additional information

Weight 3 lbs
Dimensions 8.5 × 11 × 2.5 in
format

eBook, Softcover, eBook + Softcover

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