About this product

Product Identifiers

PublisherNolo

ISBN-101413327788

ISBN-139781413327786

eBay Product ID (ePID)15038488457

Product Key Features

Edition15

Book TitlePlan Your Estate

Number of Pages528 Pages

LanguageEnglish

Publication Year2020

TopicWills, Estates & Trusts, Living Trusts, Personal Finance / General

GenreLaw, Business & Economics

AuthorDenis Clifford

FormatTrade Paperback

Dimensions

Item Height1.2 in

Item Weight32.1 Oz

Item Length9 in

Item Width7 in

Additional Product Features

Intended AudienceTrade

Reviews" An excellent source of information on wills and estate planning. " The New York Times "Particularly helpful are a series of 'profiles' that illustrate how estate plans can benefit various individuals and families." The Wall Street Journal "A clear, comprehensive and even charming book." The Los Angeles Times "Now in a fully updated 14th edition, attorney Denis Clifford's "Plan Your Estate" is specifically intended for the non-specialist general reader who thinks that estate planning sounds difficult and should be left to professionals. But it turns out that most people just need a few basic documents and by becoming informed on the basic fundamentals of estate planning so accessibly laid out in the pages of "Plan Your Estate" protect loved ones from legal hassles and financial uncertainty after one's own (and inevitable) death. " "Plan Your Estate" covers: wills and living trusts; avoiding probate; bypass (AB) trusts; naming guardians for children; leaving property to children; estate, gift, and inheritance taxes; strategies for business owners; leaving property to charity; health care directives; and financial powers of attorney. Completely updated to reflect the latest state and federal laws, including the Tax Cuts and Jobs Act of 2017, with the information comprising "Plan Your Estate" applicable and valid in all U.S. states except Louisiana. Thoroughly 'user friendly' in tone, commentary, organization, and presentation, as well as comprehensive in scope, "Plan Your Estate" is a critically important and unreservedly recommended addition to personal and community library Money/Finance instructional reference collections. " The Midwest Review

Dewey Edition22

Dewey Decimal346.7305/2

Table Of ContentPart I: Setting Your Goals1. Selecting Your Estate Planning Goals2. Personal Concerns and Estate PlanningPart II: Laying the Groundwork3. Special Property Ownership Rules for Married People4. Inventorying Your Property5. Your BeneficiariesPart III: Children6. ChildrenPart IV: Wills7. WillsPart V: Probate and How to Avoid It8. Probate and Why You Want to Avoid It9. Living Trusts10. Joint Tenancy and Tenancy by the Entirety11. Pay-on-Death Designations, Regristrations, and Deeds12. Life Insurance13. Retirement Benefits14. State Law Exemptions From Normal ProbatePart VI: Understanding Estate and Gift Taxes15. Estate Taxes16. Gifts and TaxesPart VII: Reducing or Eliminating Estate Taxes17. An Overview of Ongoing Trusts18. AB Disclaimer Trusts19. Other Estate Tax-Saving Marital Trusts20. Charitable Trusts21. Other Estate Tax-Saving Trusts22. Disclaimers: After-Death Estate Tax Planning23. Combining Estate Tax-Saving TrustsPart VIII: Imposing Controls Over Property24. Property Control Trusts for Second or Subsequent Marriages25. Trust and Other Devices for Imposing Controls Over PropertyPart IX: Taking Care of Personal Issues26. Incapacity: Making Medical and Financial Decisions27. Body and Organ Donation, Funerals, and BurialsPart X: Family Business Estate Planning28. Family Business Estate PlanningPart XI: Going Further29. Using Lawyers30. After You Complete Your Estate Plan31. After a Death OccursPart XII: Sample Estate Plans32. Some Estate PlansGlossaryIndex

SynopsisThis book provides the information and encouragement you need to create an estate plan that's right for you. It shows you how to protect your property, provide for children, avoid probate and plan for incapacity. The information in this book will help you formulate your plan and will save you time and money, whether you create your own estate plan or go to a lawyer for assistance., Protect your family with solid estate planning Estate planning sounds difficult--but most people just need a few basic documents. Let Plan Your Estate show you how to protect your loved ones from legal hassles and financial uncertainty after your death. Learn about: wills and living trusts avoiding probate bypass (AB) trusts naming guardians for children leaving property to children estate, gift, and inheritance taxes strategies for business owners leaving property to charity health care directives, and financial powers of attorney. The 15th edition of Plan Your Estate is completely updated to reflect the latest state and federal laws. Applies in all U.S. states except Louisiana. (Note: This book contains no estate planning forms, but it does tell you how to get the forms you need.), Protect your family with solid estate planning Estate planning sounds difficult--but most people just need a few basic documents. Let Plan Your Estate show you how to protect your loved ones from legal hassles and financial uncertainty after your death. Learn about: wills and living trusts avoiding probate bypass (AB) trusts naming guardians for children leaving property to children estate, gift, and inheritance taxes strategies for business owners leaving property to charity health care directives, and financial powers of attorney. The 15th edition of Plan Your Estate is completely updated to reflect the latest state and federal laws.Applies in all U.S. states except Louisiana. (Note: This book contains no estate planning forms, but it does tell you how to get the forms you need.), Turn to Plan Your Estate for straightforward, plain-English explanations of each of your estate-planning options, so you can make the best decisions for you and those you love. Plan Your Estate covers these estate planning goals: Leaving property. If you are not wealthy, you might use a simple will or living trust, or both. You can also use co-ownership, transfer-on-death accounts, or beneficiary designations. If you have a large estate, you might also leave property to beneficiaries in more complicated ongoing trusts. No matter how you leave your property, it is better to have a plan--if you die without one, state law will decide who gets what. Providing for young children. If you have young children, you'll want to ensure that they will be well cared for if you die before they become adults. In your will, you can name guardians to raise them and managers to look after their inheritance. You'll also likely want to buy life insurance to make sure that your kids have money after you're gone. Planning for incapacity. Part of estate planning is preparing for what will happen if you ever became unable to make medical and financial decisions for yourself. You can use a health care directive to name someone to make medical decisions on your behalf and to express your wishes about end-of-life care. You can also prepare a durable power of attorney that gives a trusted person control of your finances. Preparing these documents can save your family much heartache. Avoiding probate. Probate is a court-run process for wrapping up an estate. It's often expensive and time-consuming, yet rarely provides any benefit to the beneficiaries. Thankfully, with a little planning, probate is fairly easy to avoid. Trusts, pay-on-death accounts, joint tenancy, and other probate avoidance methods can keep most or all of your estate out of probate, saving your loved ones time and money. Reducing estate tax. Most people won't owe federal estate tax. But if you expect to leave over $11.4 million, you'll probably want to use your estate plan to reduce the tax that your estate could owe after your death. (Note: This book contains no estate planning forms, but it does tell you how to get the forms you need.)