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Hailed as America's best book on living trusts, "Understanding Living Trusts" has been a favorite of consumers and professionals for more than 25 years. Previous editions have sold almost 400,000 copies! This sixth edition, which replaces all previous editions, is current with 2015 tax laws and is the most comprehensive and up-to-date available. It is a must-read for individuals and families with all size estates, and makes an ideal gift for friends and grown children.In these 302 easy-to-read pages, award-winning writer Vickie Schumacher explains in clear, conversational English how you can lose control when you have a will; when you have no plan; when you use joint ownership; when you give away assets; and when you rely on beneficiary designations.