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The Real Truth about Living Trusts »

Book cover image of The Real Truth about Living Trusts by Dwight F. Bickel

Authors: Dwight F. Bickel
ISBN-13: 9781583485538, ISBN-10: 1583485538
Format: Paperback
Publisher: iUniverse, Incorporated
Date Published: January 2000
Edition: (Non-applicable)

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Author Biography: Dwight F. Bickel

Book Synopsis

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!

Table of Contents

Introduction: About Apples And Orangesix
Chapter 1Is Probate All That Bad?1
Chapter 2Arranging For Non--Probate Transfers7
Chapter 3Should You Give It Away While You're Alive?9
Chapter 4Should You Put Your Assets Into Joint Ownership?15
Charpter 5What Is A Trust?25
Chapter 6An Overview Of The Simple Living Trust To Avoid Probate31
Chapter 7Federal Estate And Gift Taxes43
Chapter 8Estate Tax Planning Strategies49
Chapter 9Income Taxes69
Chapter 10The Irrevocable Life Insurance Trust73
Chapter 11Other Irrevocable Living Trusts83
Chapter 12Guidelines For A Successful Estate Plan93
Chapter 13Distribution Plans That Solve Problems99
Chapter 14Funding Your Living Trust113
Chapter 15Tax-Deferred Investments131
Chapter 16Trust Only Yourself With Your Trust141
Conclusion: What Kind Of Trust Is Best For You?147
Appendix AIncome Tax Treatment Of Grantor Trusts149
Appendix BInformation For Successor Trustees153
Appendix CFederal Estate Tax Rates(1999)159
Appendix DGlossary161

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