Estate Planning Law

"A must read for anyone concerned about protecting their assets and learning important estate planning techniques." --Ken and Daria Dolan, WOR Radio Network and CNBC-TV Ignorance of new tax laws can eat away your estate...Here's how you can protect your money and your heirs. You've worked hard. You've made money in the stock market boom and your real estate has soared in value...Now you have a sizable estate for your heirs. Today, millions of baby boomers don't yet realize that prosperity means their heirs may be vulnerable to taxes that used to apply only to the very rich. The answer is to begin planning now! The authors, two tax attorneys, educators, and consultants, know everything there is to know about keeping your estate intact, protecting your heirs, and ensuring that your wishes for your estate are carried out exactly. This edition of the best-selling "Protect Your Estate, has been fully revised and updated to address new laws and improved economic conditions. Did you work a lifetime just to leave large sums to the government? Learn how to turn the new tax laws to your advantage. See how a couple can avoid paying any estate taxes at all on an estate worth as much as $2 million. Find out how estate planning can be tailored to your unique life situation and personal goals. Best of all, learn how to make sure your money goes exactly where it should.

Inside the Minds Estates & Trusts is a guide for attorneys and their clients on the best methods for structuring tailored estate plans that will meet the individual's goals. The six seasoned attorneys in this book offer their insightful perspectives on everything from the first steps in identifying individual objectives to the ultimate administration of an estate plan, and all of the important dos and don?ts in between. Covering a wide array of topics ranging from living wills and powers of attorney to charitable trusts and business successions, the authors in this book discuss the substantive financial and tax issues in estate planning, as well as the intangible elements of leaving behind a meaningful legacy. Readers will learn of new and upcoming developments in the law, the pros and cons of standard estate planning vehicles, and lesser-known structuring options they may not have previously considered.

Estate planning - Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries, often including paying the least amount of taxes.

Trust (law) non-USA - A trust is the legal term for a situation where one person, known as a trustee, holds assets for the benefit of another person, known as a beneficiary. Trusts are used for many purposes, including wills, estate planning, charities, corporate structures, investments (see e.

Estate (law) - In common law, an estate is the total of a person's property (including money), entitlements and obligations. The term is often used in the context of wills and probate.

Concurrent estate - A concurrent estate or co-tenancy is a concept in property law, particularly derived from the common law of real property, which describes the various ways in which property can be owned by more than one person at a given time. The parties who own property jointly are referred to as co-tenants or joint tenants.

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