If you are concerned about estate planning you may be surprised that, even with a will, the probate system can eat up as much as 10 percent of an inheritance and delay the process two years. In The Living Trust, noted living trust authority Henry Abts presents a simple, inexpensive legal alternative that eliminates the costs and delays of probate and ensures that your loved ones will receive their inheritance promptly and exactly as you intended. This new edition has been completely updated to reflect the federal tax codes and up-to-the-minute developments in the legal system.About the Author:A nationally recognized authority on living trusts, Henry W. Abts III is chairman and founder of The Estate Plan, the nations oldest and largest living trust production corporation, responsible for creating more than 60,000 living trusts.