Authors: Dwight F. Bickel
ISBN-13: 9781583485538, ISBN-10: 1583485538
Format: Paperback
Publisher: iUniverse, Incorporated
Date Published: January 2000
Edition: (Non-applicable)
An expert in estate planning clears up common misconceptions about living trusts, in an easy-to-understand style. You will learn that all living trusts are not the same, and you will discover how to select the right kind of living trust for you and your family. You will understand the current estate tax laws, and how to use special tax planning trusts and a life insurance trust to save your family thousands of dollars in death taxes. The book alerts you to the severe and often surprising income tax burdens which your family may face when your IRA or Qualified Retirement Account is liquidated, and shows you how to minimize those problems. You'll also learn about costly estate planning mistakes people commonly make, and how to avoid them!
Introduction: About Apples And Oranges | ix | |
Chapter 1 | Is Probate All That Bad? | 1 |
Chapter 2 | Arranging For Non--Probate Transfers | 7 |
Chapter 3 | Should You Give It Away While You're Alive? | 9 |
Chapter 4 | Should You Put Your Assets Into Joint Ownership? | 15 |
Charpter 5 | What Is A Trust? | 25 |
Chapter 6 | An Overview Of The Simple Living Trust To Avoid Probate | 31 |
Chapter 7 | Federal Estate And Gift Taxes | 43 |
Chapter 8 | Estate Tax Planning Strategies | 49 |
Chapter 9 | Income Taxes | 69 |
Chapter 10 | The Irrevocable Life Insurance Trust | 73 |
Chapter 11 | Other Irrevocable Living Trusts | 83 |
Chapter 12 | Guidelines For A Successful Estate Plan | 93 |
Chapter 13 | Distribution Plans That Solve Problems | 99 |
Chapter 14 | Funding Your Living Trust | 113 |
Chapter 15 | Tax-Deferred Investments | 131 |
Chapter 16 | Trust Only Yourself With Your Trust | 141 |
Conclusion: What Kind Of Trust Is Best For You? | 147 | |
Appendix A | Income Tax Treatment Of Grantor Trusts | 149 |
Appendix B | Information For Successor Trustees | 153 |
Appendix C | Federal Estate Tax Rates(1999) | 159 |
Appendix D | Glossary | 161 |