Review by oduduima -- Do I Need a Will or a Trust
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- Latest Review: Do I Need a Will or a Trust by Taylor Willingham
Review by oduduima -- Do I Need a Will or a Trust
Have you ever been confused about the terms Trust and Will? Then Do I Need a Will or a Trust by Taylor Philip Willingham is the book for you. The book is very expository. It breaks down the jargons of estate planning and financial planning to layman parlance. The author takes care to differentiate the frequent mistakes in estate planning and goes ahead to offer possible ways in which this could be mitigated.
The book is written from the standpoint of the United States of America Laws and statutes. It often narrows down to the prevailing laws in Texas state to be particular but tries to include other states in the narrative. The book lays out possible pitfalls in estate planning and gives critical advice in estate planning. The author tries to point out different aspects of estate planning and creates case scenarios to fit almost any real-life situation.
Given the technical nature of the book, the information passed may seem to be tedious to assimilate. However, this is not the case with this book. The author resorts to pictorial representations to mitigate this problem, which provides an easy understanding. This I feel is a major plus for this book. This makes the information easy to assimilate, even to someone just new to the whole subject. Also, the author tries to minimize his usage of jargons and succinctly explains the term when it can’t be avoided, all without being a bore. The book also contains real-life cases which help expose the reader to the predicaments associated with estate planning and goes further to show the reader how to avoid these pitfalls. Also, the vocabulary of the author is very simplistic, to avoid confusion. This is a major plus given the technicality of the book.
On the other hand, the information contained in the book is mostly tailored for the United States of America community, and may not be of much help to a reader in some other geographical location. This, I feel, is a major drawback of the book. Apart from this, the book is very informative and enlightening. It contains no profane language, which makes it suitable for a broad spectrum of readers.
The book is well-edited and contains no major typographical error. I rate this book 4 out of 4 stars. It is most instructive and educative. I must say, I really enjoyed reading this book. The subject discussed has always been vague to me, but the book cleared things up pretty effectively. I recommend this book to all seekers of new knowledge. You will definitely learn one or two new things before you are done reading this book.
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Do I Need a Will or a Trust
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