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ESTATE PLANNING BASICS
by, Attorney Denis Clifford

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 Summary

Estate planning. Not exactly the way you would like to spend a free, sunny weekend (or even a rainy one). The process sounds complex, time-consuming and more than a little scary.

Make your estate planning as painless as possible with Estate Planning Basics.

This book provides concise, straightforward and easy-to-read explanations of the major components of estate planning, so that you don't have to spend hours wading through endless options (most of which apply to the wealthy).
 

Estate Planning Basics
 
ESPN by Attorney Denis Clifford

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ISBN: 0-87337-774-5
2nd Edition, Sep '01
 

224 pp.

 


Learn about:

  • choosing beneficiaries
  • estate planning by parents with minor children
  • wills
  • living trusts
  • other probate-avoidance methods, including using a retirement plan like an IRA or 401(k) as an estate planning device
  • estate taxes, and tax reduction methods
  • trusts for people in second marriages, or for those leaving property to a disabled person
  • planning for the handling of medical and financial decisions if one becomes incompetent

Attorney Denis Clifford gives you the reliable, plain-English answers you need, whether you're doling out the family heirlooms or steering clear of estate taxes.

And now, thanks to Estate Planning Basics, these tasks don't have to take all weekend.


Table of Contents


1. A first look at estate planning
2. Your Beneficiaries
3. Children
4. Wills
5. Living Trusts
6. Other Probate Avoidance Methods
7. Retirement Plans as Estate Planning Devices
8. Estate Tax
9. Reducing Federal Estate Taxes
10. Property Control Trusts
11. Planning for incapacity: Medical Care and Finances
12. Lawyers
13. Finalizing Your Estate Plan


Press Reviews


 
This book will be appreciated by those with modest estates who want a quick overview.
Library Journal
 
A search of more than a dozen books in my reference library uncovered a mention of the stepped up basis in all, but only Estate Planning Basics... makes it clear that the basis of inherited property is adjusted up or down.
Florida Sun-Sentinel
 

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