For almost all estates, the living trust is the most basic and essential estate planning tool. Understanding the use and value of living trusts enables producers and advisors to participate in the full scope of a client's planning process. This course provides an overview of estate planning with an emphasis on living trusts. The course evaluates when a client should implement a living trust, what the benefits to the client are of a living trust, and how the living trust actually works. Next, the course explains actual provisions of the living trust to enable the practitioner to review and explain this device for the benefit of his or her clients.