Review of Do I Need a Will or a Trust
Posted: 23 Sep 2021, 02:03
[Following is a volunteer review of "Do I Need a Will or a Trust" by Taylor Willingham.]
Do I need a will or a trust? is a book that explains the differences between a will and a trust. A will and a trust are often confused. A will and a trust are two distinct legal concepts and documents. A will is a legal document that comes into force when a person passes away, whereas a trust is a legal document that separates legal and equitable title to a property.
This book further explains why everyone should endeavor to have a will and the benefits of creating a testamentary trust, which is a trust in a will. It also explains the different types of trusts and how to choose the right one for you. Although there are some situations in which all you need is a will or trust, this book illuminates these scenarios and helps you make the best decision for the future.
Taylor Phillip Willingham, the author of this book, has done a really good job. The book was thoroughly edited. I appreciate the simplicity of the design on the cover page. The book is extremely well-organized and presented. I admire how he simplified his idea with colorful graphics and illustrations. The author also uses real-life examples and stories to convey his point. That makes it quite enticing to read.
As I read this book, I discovered some useful information. Even though I am not in the legal profession, I was able to comprehend what the author wrote. He attempted to explain it in a way that the average person could understand. It is a thought-provoking and educational book. I applaud the author for bringing such a sensitive subject to the public's attention.
There is nothing I dislike about the book. Although the book's perspective is limited to Texas law, this is a good book that will help you comprehend a will and trust better.
I give this book 4 out of 4 stars since it offers a wealth of useful information and I learned a lot from it, including estate planning, wills, and trusts. It's also an informative book that's beautifully written.
This is a book best suited for young adults, the elderly, and attorneys. Young adults should read about it because they will all need to write a will at some point in their life. Having a thorough knowledge of it today will undoubtedly assist them in making plans. I also strongly suggest the elderly read this book, whether or not they have written a will, to assist them to make the best decision possible. I also recommend that attorneys read this book. It will also show them how to convey to their client the message of a will or trust deed.
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Do I Need a Will or a Trust
View: on Bookshelves | on Amazon
Do I need a will or a trust? is a book that explains the differences between a will and a trust. A will and a trust are often confused. A will and a trust are two distinct legal concepts and documents. A will is a legal document that comes into force when a person passes away, whereas a trust is a legal document that separates legal and equitable title to a property.
This book further explains why everyone should endeavor to have a will and the benefits of creating a testamentary trust, which is a trust in a will. It also explains the different types of trusts and how to choose the right one for you. Although there are some situations in which all you need is a will or trust, this book illuminates these scenarios and helps you make the best decision for the future.
Taylor Phillip Willingham, the author of this book, has done a really good job. The book was thoroughly edited. I appreciate the simplicity of the design on the cover page. The book is extremely well-organized and presented. I admire how he simplified his idea with colorful graphics and illustrations. The author also uses real-life examples and stories to convey his point. That makes it quite enticing to read.
As I read this book, I discovered some useful information. Even though I am not in the legal profession, I was able to comprehend what the author wrote. He attempted to explain it in a way that the average person could understand. It is a thought-provoking and educational book. I applaud the author for bringing such a sensitive subject to the public's attention.
There is nothing I dislike about the book. Although the book's perspective is limited to Texas law, this is a good book that will help you comprehend a will and trust better.
I give this book 4 out of 4 stars since it offers a wealth of useful information and I learned a lot from it, including estate planning, wills, and trusts. It's also an informative book that's beautifully written.
This is a book best suited for young adults, the elderly, and attorneys. Young adults should read about it because they will all need to write a will at some point in their life. Having a thorough knowledge of it today will undoubtedly assist them in making plans. I also strongly suggest the elderly read this book, whether or not they have written a will, to assist them to make the best decision possible. I also recommend that attorneys read this book. It will also show them how to convey to their client the message of a will or trust deed.
******
Do I Need a Will or a Trust
View: on Bookshelves | on Amazon