This treatise introduced the concept of "trust estates as business companies." The 2nd edition is a significant update to the 1912 edition, which was considered a pioneering work in the field.
Written in clear, conversational English, this book can help anyone understand how a living trust avoids the complications, expenses, and delays of probate at times of incapacity and death.
The internet has changed forever the way anybody can access your personal and business information. This makes it easy for anyone to breach your privacy online and, as a consequence, place your valuable assets at risk. Likewise, traditional business structures such as corporations and LLCs also fail the privacy test because your Secretary of State registrations are visible online for anyone to see. In THE UNCORPORATION, asset privacy expert James Billings reveals over 21 years of experience and research with elite clients on the use of anonymous business trusts for safety in a sensible, easy to understand language. This is the first time ever a concise, user-friendly guide on the use of business trusts is available to the public. Within these pages you will see why using a business trust rather than a state sponsored entity is the only way to anonymize title to your high value assets. Are you concerned about predatory lawsuits, hackers or nosy people looking for your business assets? Do you want freedom from government regulation? Then this book is for you.
Planning for your family's future made easy! If you’re like most people, you want to be sure that, once you’ve passed on, no more of your property and money will be lost to the government than is absolutely necessary. You want to know that you’ll be leaving your heirs your assets and not your debts. You want to be absolutely certain that your will is ship-shape, your insurance policies are structured properly, and that every conceivable hole in your estate plan has been filled. And most of all, you’d like to do all of this without driving yourself crazy trying to make sense of the complicated jargon, jumble of paperwork, and welter of state and federal laws involved in the estate planning process. Written by two estate planning pros, this simple, easy-to-use guide takes the pain out of planning for your ultimate financial future. In plain English, the authors walk you step-by-step through everything you need to know to: Put your estate into order Minimize estate taxes Write a proper will Deal with probate Set up trusts Make sure your insurance policies are structured properly Plan for special situations, like becoming incompetent and pet care Craft a solid estate plan and keep it up-to-date Don’t leave the final disposition of your estate up to chance and the whims of bureaucrats. Estate Planning For Dummies gives you the complete lowdown on: Figuring out what you're really worth Mastering the basics of wills and probate Using will substitutes and dodging probate taxes Setting up protective trusts, charitable trusts, living trusts and more Making sense of state and federal inheritance taxes Avoiding the generation skipping transfer tax Minimizing all your estate-related taxes Estate planning for family businesses Creating a comprehensive estate plan Straightforward, reader-friendly, easy-to-use, Estate Planning For Dummies is the ultimate guide to planning your family’s future.