Written by William S. Moore WITH Estate Planning after The Economic Growth and Relief Reconciliation Act of 2001 Today, estate planning is not just for the wealthy. Over the next decade millions of estates will file tax returns and billions of dollars will go to Federal and state governments. Put simply: the wealth in an estate goes to those with the legal—not always the moral—right to it. Recent legislation made important changes concerning transfer taxes and other matters related to estate planning. The legislation does not, as many people believe, provide for the elimination of the estate tax. In short, millions still have wealth sufficient to create a taxable estate. However, you do not need to sit back and wait for the politicians to get it right. Virtually anyone who invests sufficient time, energy, and resources in estate planning strategies can greatly reduce the tax or escape it altogether. The terms of your will and trusts, the selection of executors and/or trustees, and the value of gifts you make over your lifetime can greatly conserve your estate and ensure your wealth passes as you might wish. The Estate Plan Book will help you plan the distribution of your estate. Written by William S. Moore, Esq., specialist in estate planning, this up-to-date, easy-to-read, and to-the-point volume tells you how to make a proper will and other arrangements to provide for your loved ones. The book also contains examples of hypothetical estate plans for persons in differing circumstances. This edition of The Estate Plan Book contains the up-to-date, comprehensive, and convenient information you need to know in order to create a sound estate plan. It will help you clarify your thinking and acquaint you with the opportunities and pitfalls of estate planning before you discuss your intentions with your attorney. |