The Practical Guide to Estate Planning (2021) provides an overview of estate planning and covers a wide variety of principles and tools that range from simple to complex. The informative guide contains an extensive, well-annotated collection of forms and examples that appeal to new and experienced estate planners alike. It is published by Wolters Kluwer and is available for purchase in softcover format.
Features of Practical Guide to Estate Planning (2021)
Practical Guide to Estate Planning (2021) addresses the rules involved in estate planning and the various ways in which estates may be structured to help protect assets from taxation. This informative title includes a new section discussing the deductibility of cash gifts to public charities under coronavirus (COVID-19) legislation, as well as a new chapter, entitled “Estate Planning with Retirement Benefits,” that contains complete coverage of the SECURE Act.
The layout of this book reflects the authors’ emphasis on simplicity and clarity. The book begins by providing a general overview of the estate planning process, including the rules involved in estate planning and various ways in which estates may be structured to achieve desired tax effects. It then goes on to discuss gifts and specialized areas of estate planning, including generation-skipping transfer tax rules and charitable planning with the use of private foundations and split-interest trusts.
At the end of Practical Guide to Estate Planning (2021), you will find an extensive collection of estate planning forms and examples that allow you to access the information you need quickly and conveniently. Some of these forms and examples include:
- Living trust
- Irrevocable life insurance trust
- Annual exclusion trust
- Pour-over will
- Will with outright dispositions
- Codicil
- Living will
- Charitable remainder unitrust
- Durable power of attorne
- Health care proxy
- Qualified personal residence trust (QPRT)
- Grantor retained annuity trust (GRAT)
The library of forms and examples serves as a quick reference guide that explains why and how various estate planning tools are implemented. The authors provide comprehensive annotations and alternative drafting options throughout.
Benefits of Using Practical Guide to Estate Planning (2021)
With its wealth of information and impressive assortment of forms and supporting materials, this guide offers something of interest for every tax professional. Its clarity and organization, augmented by well-constructed examples, practice tips, diagrams, and charts, make it a work that will be useful to both the newcomer and tenured tax practitioner.
It was written by a respected group of authors with extensive experience in the field, including:
- Ray D. Madoff, J.D., LL.M.
- Cornelia R. Tenney, J.D., LL.M.
- Martin A. Hall, J.D.
- Lisa Nalchajian Mingolla, J.D., LL.M.
By using Practical Guide to Estate Planning (2021), you will gain a better understanding of knowing when and why a certain estate planning tool should be used. You will also be able to serve your clients more effectively and make use of the full spectrum of estate planning tools available.
Order Practical Guide to Estate Planning (2021) Today
Wolters Kluwer interprets tax laws and provides tax and accounting professionals the best solutions possible to successfully navigate the ever-changing tax landscape. Order your copy online.
