The 250 Estate Planning Questions Everyone Should Ask
The 250 Estate Planning Questions Everyone Should Ask is a handy Q&A guide that answers to all of your questions about taxes, gifts, wills, will substitutes, and more. With this book at your side, you can use the estate and tax laws and options to make sure you’ve made the best allotment of your property. And when you’ve done that, you can face the future with confidence, knowing your heirs and family are provided for.
This Q&A guide will answer the following questions:
What is a community property state?
What are the disadvantages of intestacy?
What is the generation-skipping transfer tax?
Table of Contents
Introduction
The Basics of Estate Planning
Taking Time for Probate
When There's a Will
Intestate — When There's Not a Will
Will Substitutes, or How to Avoid Probate
Dealing with Taxes — Federal Unified Transfer Tax System
Calculating the Estate Tax
Estate Tax Planning
Rules on Giving — Federal Gift Tax
Generation-Skipping Transfer Tax
Giving While You're Alive — Estate Transfer During Lifetime
Selling Property — Intra Family Transfers
Business Dealings — Transfer of Closely Held Business Interests
Life Insurance Planning
Estate Shrinkage
Postmortem Liquidity Planning
Problems of Incompetency
Planning for Incompetency
An Incompetent Person's Medical Needs
Estate Planning for Cohabitation or Nontraditional Family Arrangements
Appendix: The 250 Questions
About the Author