Quick & Legal Will Book (Quick & Legal Will Books) [Team-IRA] (True PDF)

Your will, made easyWrite a will that suits your needs with a minimum of fuss. This book provides all the forms and step-by-step instructions you need to create a simple, valid will that protects your family and property after your death.Make a will that lets you:• name beneficiaries to inherit your assets• choose a guardian for young children• set up trusts for minors, and• name an executor (and a backup).Learn how to:• choose appropriate witnesses• finalize your will, and• revoke or change your will if necessary.This book also explains basic estate planning, including steps you can take to avoid probate court. The updated 10th edition includes the latest changes in federal estate tax law and the annual gift tax exclusion. Cover Title Page More Resources from Nolo.com Dedication Acknowledgments About the Author Table of Contents Your Legal Companion for Making a Will Making a Basic Will Is This Will Right for You? Using a Basic Will Making Your Own Will Who Should Not Use This Book Wills 101 Who Can Make a Will? Will Requirements Types of Wills About Probate and Taxes Getting It Done How to Proceed Your Beneficiaries Categories of Beneficiaries Primary Beneficiaries Alternate Beneficiaries Residuary Beneficiaries Alternate Residuary Beneficiaries Shared Gifts Shared Gifts to Primary or Residuary Beneficiaries Alternate Beneficiaries and Alternate Residuary Beneficiaries for Shared Gifts Survivorship Period Simultaneous Death Imposing Limits on Your Gifts Disinheritance Spouses Children Disinheriting Other People If You Want to Explain Your Decisions Property Ownership Basic Rules for Giving Away Property Rule 1: Your State’s Laws Govern All or Most of Your Property Rule 2: Only Property You Own at the Time of Death Is Passed by Will Rule 3: You Can’t Use a Will to Give Away Property That Will Automatically Be Transferred Upon Your Death Rule 4: You May Not Be Able to Give Away Co-Owned Business Property by Will Rule 5: Property Loans and Encumbrances Become the Responsibility of the Beneficiaries Rule 6: You Can’t Leave Money or Property to Pets Outright Taking Stock of Your Property The Beneficiary Worksheet Types of Property Ownership Outright Ownership Tenancy in Common Joint Tenancy With Right of Survivorship Community Property With Right of Survivorship Tenancy by the Entirety Marital Property Community Property States Common Law Property States Children Naming a Personal Guardian Choosing a Personal Guardian If You Don't Want the Other Parent to Have Custody Managing Minors’ Property Children’s Trusts Other Options for Leaving Property to Minors Setting Up Trusts for Minors Who Aren’t Your Children The Property Guardian Other Concerns About Children Simultaneous Death and Minor Children Adult Children Disinheritance Your Executor Choosing Your Executor No Bond Required Estate Planning What Is Probate? Avoiding Probate Federal Estate Taxes Portability Gift Taxes State Taxes Second Marriages Other Property Control Matters Incapacity Health Care Directives Durable Power of Attorney for Finances Preparing the Draft of Your Will Determine Which Form to Use If You Have Children or Plan to Leave Property to Young People If You’re Not a Parent and Aren’t Leaving Property of Significant Value to Young People Instructions for Form 1 The Top of the Will Form Will Section 1. Will Section 2. Will Section 3. Will Section 4. Will Section 5. Will Section 6. Will Section 7. Will Section 8. Will Section 9. Instructions for Forms 3 and 5 The Top of the Will Form Will Section 1. Will Section 2. Will Section 3. Will Section 4. Will Section 5. Will Section 6. Will Section 7. Will Section 8. Will Section 9. Instructions for Forms 2 and 4 The Top of the Will Form Will Section 1. Will Section 2. Will Section 3. Will Section 4. Will Section 5. Preparing and Signing Your Final Will Making a Final Version Signing and Witnessing Your Will Selecting Qualified Witnesses Signing Your Will in the Presence of Your Witnesses Self-Proving Affidavits A Sample Completed Will, Including a Self‐Proving Affidavit Letters of Explanation Storing and Copying Your Will Storing Your Will Making Copies of Your Will Changing or Revoking Your Will When to Make a New Will If Your Marital Status Changes If You Have or Adopt Additional Children If Your Property Situation Changes Significantly If You Move to a Different State If Any of Your Beneficiaries Die If Your Children’s Personal Guardian, Property Manager, or Trustee of a Children’s Trust Cannot Serve If Your Executor Cannot Serve Other Reasons for Preparing a New Will Making Simple Changes in Your Will by Codicil Revoking Your Will Deliberate Act to Revoke a Will Revocation of Will Provisions by Act of Law Going Further Writing a More Complex Will General Information on Estate Planning Probate-Avoiding Living Trusts Creating Documents for Health Care Creating a Durable Power of Attorney for Finances Using Lawyers Hiring a Lawyer to Review Your Will Situations Where You’ll Need a Lawyer Editing RTFs List of Forms Index More from Nolo Your will, made easy Write a will that suits your needs with a minimum of fuss. This book provides all the forms and step-by-step instructions you need to create a simple, valid will that protects your family and property after your death. Make a will that lets you: name beneficiaries to inherit your assets choose a guardian for young children set up trusts for minors, and name an executor (and a backup). Learn how to: choose appropriate witnesses finalize your will, and revoke or change your will if necessary. This book also explains basic estate planning, including steps you can take to avoid probate court. The updated 10th edition includes the latest changes in federal estate tax law and the annual gift tax exclusion. Your will, made easy Write a will that suits your needs with a minimum of fuss. This book provides all the forms and step-by-step instructions you need to create a simple, valid will that protects your family and property after your death. Make a will that lets you: name beneficiaries to inherit your assets choose a guardian for young children set up trusts for minors, and name an executor (and a backup). Learn how to: choose appropriate witnesses finalize your will, and revoke or change your will if necessary. This book also explains basic estate planning, including steps you can take to avoid probate court. The updated 8th edition includes the latest changes in federal estate tax law. "The Quick & Legal Will Book provides the forms and step-by-step instructions to create a simple, valid will that protects family and property after death. This book explains how to name beneficiaries to inherit assets, choose a guardian for young children, set up a trust for minors, name an executor (and a backup), choose appropriate witnesses, finalize a will, and revoke or change the will if necessary. This book also explains basic estate planning, including steps one can take to avoid probate court"-- Provided by publisher Quick & Legal Will Book is the easiest way to make your own will using a book. Use it to create a simple will that distributes your property, names your executor, and sets up guardianships for your children. If you die without an estate plan, state law--rather than you--will determine what happens to your property, which is an outcome few people want