Planning an Estate: A Guidebook of Principles and Techniques provides tools and techniques for solving frequently encountered problems regarding estate planning. With this guidebook, get clear information regarding:
- The advantages, disadvantages, and tax ramifications of estate planning alternatives
- Marital deductions
- QTIPS
- Second tax deductions
- Minor children
- Lifetime transfers
- Probate avoidance
- The handling of business interests
This volume also explains how to:
- Reduce the tax impact following the surviving spouse's death
- Use revocable trusts to avoid probate and reduce the income tax burden on beneficiaries
- Use GRITs, GRATs, GRUTs, remainder interest joint purchases, gifts, and charity gifts to reduce taxes and increase the value of the estate
- Plan estates of elderly and disabled people
- Use revocable trusts to avoid probate
- Choose assets to make up a gift