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Inherit More »

Book cover image of Inherit More by Martin M. Shenkman

Authors: Martin M. Shenkman
ISBN-13: 9780471421160, ISBN-10: 0471421162
Format: Paperback
Publisher: Wiley, John & Sons, Incorporated
Date Published: May 2003
Edition: (Non-applicable)

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Author Biography: Martin M. Shenkman

MARTIN M. SHENKMAN, LLD, CPA, MBA, is a leading tax and estate-planning attorney and author of more than thirty books. His other books include 6-Hour Guide to Protecting Your Assets; Starting a Limited Liability Company, Second Edition; How to Buy a House with No (or Little) Money Down; and The Complete Book of Trusts, all from Wiley.

Book Synopsis

Bestselling author and estate-planning expert Martin Shenkman helps you INHERIT MORE

Elderly parents and benefactors need your help, and helping them can also preserve the largest financial windfall of your life–an inheritance. Finally, there’s a book that answers all your questions. Inherit More is the straightforward, practical guide to keeping more of what’s rightfully yours. It also helps you broach a difficult subject with your loved ones. It provides sensitive advice on talking to parents and practical guidance for dealing with family, financial, and other issues critical to every benefactor and critical to preserving your inheritance. Caring children of any age will find proven, world-class counsel on dealing with every major inheritance problem, including:

  • Honoring your parents’ requests and making them comfortable addressing a plan
  • Resolving and avoiding issues between heirs
  • Finding the right insurance to safeguard your parents and their assets
  • Helping your parents invest properly
  • How your parents can distribute jewelry without the children fighting
  • Helping an elderly or ill parent locate missing assets
  • Dealing with lawyers

Estate-planning expert and tax accountant Martin Shenkman also offers six simple steps you can take now to help your parents and safeguard your inheritance for the future. Dealing with issues of inheritance can be a difficult and emotional experience. That’s why Inherit More offers the thoughtful, proven advice to help you get through tough times with as little distress as possible.

Table of Contents

1Why Inherit More?1
2Talking to Your Parents15
3Second (and Later) Spouses Can Destroy Your Inheritance47
4Do Your Parents Have the Right Insurance Coverage?69
5Are Your Parents' Assets Managed and Invested Appropriately?85
6How Do Your Parents Own Their Assets: Judging a Book by Its Cover111
7Jewelry, Vacation Homes, Family Apartments, and Other Tough-to-Divide Assets137
8Identifying Hidden Assets147
9Do Not Overlook the Paperwork163
10Medicaid Nursing Home Costs181
11Estate, Gift, and Other Taxes That Can Decimate Your Inheritance189
12Is Your Mom's Lawyer Billing Excessive Fees and Expenses?203
13Dealing with Will Contests and Lawsuits215
14Preventing Your Ex-Spouse from Running Off with Your Inherited Assets237
15Inherit the Best Way Possible--A Lifetime Trust249
16Safeguarding Your Inheritance255
Index271

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