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Understanding Living Trusts: How You Can Avoid Probate, Keep Control, Save Taxes, and Enjoy Peace of Mind
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About the Author
Vickie Schumacher is nationally known for her ability to explain the benefits of living trusts and estate planning in clear, conversational English. She has a unique perspective on what consumers want, what they understand, and what motivates them when it comes to estate planning—because she is a consumer, too. Vickie knows firsthand about being a business owner, being divorced and a single parent, caring for aging parents, and blended families—life experiences and concerns she shares with many of her readers.“When I first heard about a living trust,†says Vickie, “I thought, like most people, that a trust was for the wealthy and estate planning was for seniors.†As she learned more, she became convinced that everyone needs this information. She began to ask questions and then to write about living trusts. A former regional head of communications for a major employee benefits consulting firm, Vickie was already an award-winning writer, nationally recognized for her abilities to communicate “legalese†in accurate, understandable English.In 1988, she proudly finished the first edition of the book—and was promptly rejected by more than 20 publishers, all of whom did not think there was an audience for this information. But Vickie believed in it enough to self-publish, an unusual move at the time. The rest has been nothing short of remarkable. The first edition sold more than 50,000 copies. "Understanding Living Trusts®" has now sold almost 400,000 copies and has become a favorite of consumers and professionals.The book’s success led to Vickie being a frequent guest on radio and TV talk shows, and keynote speaker at standing-room-only seminars. She has received praise in "Modern Maturity" and other publications. She is also the creator of a line of brochures, special reports, presentations, and website content used by thousands of attorneys, banks and financial professionals nationwide. In 2016, she launched all-new brochures and website content for estate planning professionals.Vickie’s two sons are grown and out of college. James (JJ) is a Captain in the U.S. Army, a Black Hawk helicopter pilot and a Company Commander. He has served two tours in Afghanistan. Charlie is an Investor Relations Analyst in Newport Beach, CA. In 2008, Vickie married Tom, a contractor, and gained his two grown children: Olivia, a city planner, and Bruce, an architect. Olivia had the first granddaughter in 2014 and the second in 2016.
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Product details
Paperback: 305 pages
Publisher: Schumacher Publishing, LLC; 7 edition (May 18, 2016)
Language: English
ISBN-10: 0945811284
ISBN-13: 978-0945811282
Product Dimensions:
8.5 x 0.7 x 11 inches
Shipping Weight: 1.2 pounds (View shipping rates and policies)
Average Customer Review:
4.2 out of 5 stars
15 customer reviews
Amazon Best Sellers Rank:
#141,396 in Books (See Top 100 in Books)
Excellent and well written book regarding the various options of trusts. Need to pay attention to the effects of the effects of the changes of tax laws in 2012 going into effect in 2013. Congress really put the wood on trusts and I would definitely consult not only an estate planning attorney but a CPA if you are going to act in this area.
Excellent book, but a bit too sales-y.
Excellent! This book helped me interpret an existing living trust and then, help me update it as well. It was easy to read and understand. Very well written. I totally recommend it!
Explains what is essential knowledge in creating trusts to avoid misery for those inheritors.
Made a complicated subject easy to understand. Still overwhelming. Establishing a Trust is not for the faint of heart, but will be a good thing to do in the long run.
Extremely informative! We purchased this book before meeting with an estate attorney. It allowed us to formulate great questions and our meeting was very productive.
Easy to read, easy to understand
Very interesting. Easy to understand. Very helpful.
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