The Senior Book of Wills and Trusts: A Step-by-Step Way to Organize Assets, Avoid Probate Legally, and Make Sure Your Family is Taken Care Of

Are you putting off creating your will because you find the process too overwhelming? Are you afraid that your family may find themselves embroiled in a long and costly probate dispute after you die? Don't know if a will or a living trust is right for you?

If you are already familiar with these questions, this book was written for you.

Providing a step-by-step guide from estate planning basics to the intricacies of asset distribution, this book helps seniors take control of the process of safeguarding what they've worked a lifetime to build in clear, plain language, without the legal jargon of estate planning.

Indoors, you will be able to:

★ Get an understanding of what estate planning is and why every older adult must have an estate plan.

★ Understand the difference between wills and living trusts and which one is right for you.

★ Know the important legal documents to have and steer clear of common estate planning pitfalls.

★ Select a valid type of will and know what makes it valid.

★ Choose between revocable and irrevocable trusts and discover how trusts can avoid probate.

★ Be familiar with the probate process and the factors that influence the process in terms of time and cost.

★ Inventory all assets, property, and even digital accounts.

★ Select your beneficiaries carefully—including primary and contingent beneficiaries.

★ Choose the correct executor/trustee and avoid starting family conflicts.

★ Set up a power of attorney, covering both financial and medical authority.

From the first steps of considering estate planning to the time to have a comprehensive estate plan in place, this book provides a clear and organized roadmap that lets you move forward with confidence and leaves your family guessing.