On the money

A living trust provides the quickest way to pass property on to a family member or beneficiary with some tax benefits included. If you’d like to explore the living trust option, several books cover the subject in depth. Here are a few titles:

  • “Make Your Own Living Trust,” 6th Ed. by Denis Clifford, Nolo, 2004 ($39.99). It covers different types of trusts and choosing beneficiaries and trustees.
  • “Understanding Living Trusts” by Vickie Schumacher, Schumacher Pub., 2003 ($24.95). The book explains how a living trust works and 15 planning problems to avoid.
  • “Living Trusts” by Doug H. Moy, John Wiley & Sons, 2003 ($39.95). It discusses living trust pros and cons with special “Ask Your Attorney” questions along the way.
  • “The Living Trust” by Henry W. Abts III, Contemporary Books, 2003 ($24.95). The book sizes up differences between a living trust and a will.
  • “The Complete Book of Trusts” by Martin M. Shenkman, John Wiley & Sons, 2002, ($24.95). It explores the broad spectrum of trusts.