How to Settle a Living Trust
(Without a Lawyer)

I wish I could give you a comprehensive article on how to settle a living trust. Unfortunately, there's just too much to it.  But, you can get some tips and ideas from watching the video or reading the page at duties of an executor.  I discuss there some of my experiences as both an executor, taking an estate through probate, and also as a trustee, settling a living trust.  Of course, the primary difference is with settling a living trust you avoid probate.

There are also many books that do give you a comprehensive overview of the process.  For instance, Henry Abts has a 444 page book out titled: How To Settle Your Living Trust. I bought the book myself (at Amazon), read it and can give it my full endorsement. This book is a "must read" if you are the trustee of a living trust. It also has good information for the administration of an estate generally.

The book lays out what you need to know to settle a living trust. That includes such things as notifying financial institutions of the death of the owner of the trust; determining the value of trust assets; settling financial matters; distributing assets; paying taxes; etc. Basically, it's everything you need to do to avoid having to pay a lawyer to settle the estate.

The great thing about the book is how easy it is to read and understand. Mr. Abts uses lots of illustrations and stories to make his points. He also has sample forms and various helpful resources in the appendixes to the book.

Of course, the book focuses on the more common issues and simplified trust settlement and administration. But, he also discusses some less common estate settlement procedures as well as unique considerations in community property states and dealing with tricky assets like IRA's.

Anyway, you certainly should at least check out the book at How To Settle Your Living Trust : How You Can Settle a Living Trust Swiftly, Easily, and Safely.

Yes, I'll make a small commission if you buy from the link above, but regardless of that, I'd still highly recommend it.

New! Comments

Leave a comment about this article in the box below and share it with your Facebook friends.

Living Trust Question

We'd love to hear your living trust question or comment. Submit it here and other visitors can read it and comment on it. An e-mail address is not required.

What Other Visitors Have Said

Click below to see contributions from other visitors to this page...

Pourover will  
Henry has a book, The Living Trust, in which he recommends a PourOver will. His Estate plan attornies will provide you such a will and charge you accordingly. …

Click here to write your own.

From How to Settle a Living Trust to Probate Court | Free Living Trust Information Blog | What is a Living Trust? | Advantages of a Living Trust | Disadvantages of a Living Trust | Living Trust Myths | Types of Living Trusts | Medicaid Trust | Trustee | Funding a Living Trust | Probate | Living Trust Taxes | Living Trust Examples | Living Trust Summary | Living Trust News | Living Trust Forum | Living Trust Books & Forms | Living Trust Attorneys | Living Trust Questions |

Home Page

About Us | Terms of Use | Contact Us | Site Search | Advertise |

Like This Site

Subscribe to
Free Living Trust Information

Your E-mail Address

Your Name


We keep this private.

Follow the Living Trust Blog

Like this Page

Visit Our Social Pages

Become a Fan of Free Living Trust Information on Facebook Follow FreeLivingTrustInformation on Twitter Follow FreeLivingTrustInformation on Google+ Subscribe EstatePlanningHub Video on YouTube

Get a PDF version of this website and its sister site here.