Review of Do I Need a Will or a Trust
-
Moon flower
- Posts: 32
- Joined: 18 Feb 2021, 06:37
- Currently Reading:
- Bookshelf Size: 31
- Reviewer Page: onlinebookclub.org/reviews/by-moon-flower.html
- Latest Review: Spellbound - The Workings of Drugtech by Marcel Sahade
Review of Do I Need a Will or a Trust
[Following is a volunteer review of "Do I Need a Will or a Trust" by Taylor Willingham.]
In previous centuries, not writing a will was considered a sin by some religions; however, nowadays, regardless of religion, not making a will is not a sin, but it is necessary. As time has passed and our lives have become more complicated, many new terms related to will have emerged to address a variety of issues that arise after death and to ensure that the deceased's will is carried out as he intended. People often mistakenly believe that trust and will have the same meaning, but this is not the case, as you will learn in this book.
Do I Need a Will or a Trust? is the title of this book. Taylor Willingham, the book's author, tries to answer the title's question. To do so, he defined the terms will and trust, as well as their types and differences. He also discussed why people need a trust or don't need it, as well as the relationship between trust and topics such as blended families, minor children's protection, avoiding probate, tax planning strategies, multigenerational planning, protecting estates from creditors, and beneficiaries from themselves, among other things.
What I liked best about this book was how the author went into great detail and tried to make the explanation as simple as possible by defining all words related to will and trust, as well as presenting charts and diagrams. Furthermore, I found no typos, grammar, or spelling errors, indicating that this book has been professionally edited, in my opinion. On the other hand, if you ask me what I didn't like about this book, I can't think of anything, thus I give it a 4 out of 4 stars rating.
While reading this book, you will notice how the author attempted to assist the readers by offering advice and tips to help them come up with good estate planning ideas based on his experience as an elder law, estate planning, and probate attorney, as well as many cases that he encountered with his clients during his career. His goal is to prevent readers from making the same mistakes that others he has represented as an attorney have made in the past.
In general, this nonfiction work is well worth reading. It is appropriate for those who have any questions about wills and trusts, as well as the laws that govern them in the United States, and I would recommend it to them and anybody else who is interested in these matters. This book will not let them down because it answers all of their questions about wills, trusts, and probate, and it even mentions the pets' trust, so it is highly worth reading.
******
Do I Need a Will or a Trust
View: on Bookshelves | on Amazon
In previous centuries, not writing a will was considered a sin by some religions; however, nowadays, regardless of religion, not making a will is not a sin, but it is necessary. As time has passed and our lives have become more complicated, many new terms related to will have emerged to address a variety of issues that arise after death and to ensure that the deceased's will is carried out as he intended. People often mistakenly believe that trust and will have the same meaning, but this is not the case, as you will learn in this book.
Do I Need a Will or a Trust? is the title of this book. Taylor Willingham, the book's author, tries to answer the title's question. To do so, he defined the terms will and trust, as well as their types and differences. He also discussed why people need a trust or don't need it, as well as the relationship between trust and topics such as blended families, minor children's protection, avoiding probate, tax planning strategies, multigenerational planning, protecting estates from creditors, and beneficiaries from themselves, among other things.
What I liked best about this book was how the author went into great detail and tried to make the explanation as simple as possible by defining all words related to will and trust, as well as presenting charts and diagrams. Furthermore, I found no typos, grammar, or spelling errors, indicating that this book has been professionally edited, in my opinion. On the other hand, if you ask me what I didn't like about this book, I can't think of anything, thus I give it a 4 out of 4 stars rating.
While reading this book, you will notice how the author attempted to assist the readers by offering advice and tips to help them come up with good estate planning ideas based on his experience as an elder law, estate planning, and probate attorney, as well as many cases that he encountered with his clients during his career. His goal is to prevent readers from making the same mistakes that others he has represented as an attorney have made in the past.
In general, this nonfiction work is well worth reading. It is appropriate for those who have any questions about wills and trusts, as well as the laws that govern them in the United States, and I would recommend it to them and anybody else who is interested in these matters. This book will not let them down because it answers all of their questions about wills, trusts, and probate, and it even mentions the pets' trust, so it is highly worth reading.
******
Do I Need a Will or a Trust
View: on Bookshelves | on Amazon
Latest Review: Spellbound - The Workings of Drugtech by Marcel Sahade
