The Complete Living Trusts Program
Martin M. Shenkman(Author)
Wiley (Publisher)
Published on 30. March 2000
Book
Paperback/Softback
226 pages
978-0-471-36105-3 (ISBN)
Description
Avoid probate Manage and protect assets through disability Eliminate the need for a court-appointed guardian Avoid living trusts hype AVOID THE BALONEY, PUFFERY, AND SNAKE OIL OR HOW TO BEST UTILIZE LIVING TRUSTS FOR YOURSELF AND YOUR HEIRS A properly arranged living trust can be an invaluable estate and financial planning tool that ultimately insures your assets will reach heirs as quickly and cost effectively as possible. Unfortunately, this is more difficult to accomplish than it should be. The misinformation surrounding living trusts is staggering. Many trusts are poorly written, shamefully mismanaged, and improperly used. But even when correctly planned, a living trust is not necessary or beneficial for everyone. How do you decide if it's the right thing for you? And how do you do it right? Get informed. In this comprehensive book, attorney Martin M. Shenkman guides you through the confusion to gain an understanding of the process that will help you avoid pitfalls, taxes, liability manipulation, and wasted money.
Here are steps to: Minimize probate abuse Minimize living trust abuse Protect yourself from the legal and financial ravages of disability Distinguish the hucksters from the real expert advisers Use a living trust as part of a complete estate plan to reach all your personal goals Avoid the need for a court-appointed guardian Save taxes Decipher documents ...and much more. Using sample checklists, and numerous real-life examples, Shenkman provides a balanced view of living trusts that will clarify what you do and don't need.
Here are steps to: Minimize probate abuse Minimize living trust abuse Protect yourself from the legal and financial ravages of disability Distinguish the hucksters from the real expert advisers Use a living trust as part of a complete estate plan to reach all your personal goals Avoid the need for a court-appointed guardian Save taxes Decipher documents ...and much more. Using sample checklists, and numerous real-life examples, Shenkman provides a balanced view of living trusts that will clarify what you do and don't need.
More details
Language
English
Place of publication
New York
United States
Publishing group
John Wiley and Sons Ltd
Dimensions
Height: 275 mm
Width: 212 mm
Thickness: 16 mm
Weight
576 gr
ISBN-13
978-0-471-36105-3 (9780471361053)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Person
MARTIN M. SHENKMAN CPA, MBA, JD, is a practicing attorney specializing in tax laws and investments. He is frequently quoted in the New York Times, the Wall Street Journal, and the Bottom Line. He lives in New Jersey, and is also the author of twenty-five books.
Content
What is the Complete Living Trusts Program? Pros and Cons of Revocable Living Trusts. Probate Avoidance Without Living Trusts. FOUNDATION LIVING TRUST. Organize Your Finances to Plan and Implement Your Living Trust. Drafting The Foundation Living Trust. Operating Your Foundation Living Trust. Additional Documents Essential to Every Plan. TAX PLANNING AND YOUR COMPLETE LIVING TRUSTS PROGRAM. The Just-in-Case (Disclaimer) Living Trust. The Family Tax Planning Living Trust. Operating Your Family Tax Planning Living Trust. Insurance and Children's Trusts Supplement Your Family Tax Planning Living Trust. THE MULTIGENERATIONAL (GST) LIVING TRUST. The Generation-Skipping Transfer (GST) Tax. Drafting the Multigenerational Living Trust. Operating Your Multigenerational Living Trust. THE COMPREHENSIVE LIVING TRUST PROGRAM. What is the Comprehensive Living Trust Program? Drafting the Comprehensive Living Trust. Integrating Additional Sophisticated Tax Planning and Asset Protection Techniques Into Your Comprehensive Living Trust Program. Operating Your Comprehensive Living Trust Program. ADDITIONAL ISSUES. Living Trusts for Special Circumstances and Assets. Additional Tax Issues. Additional Legal Issues. Index.