Authors: Mary Randolph.
Paperback, 479 pages
Publisher: NOLO
Publication Date: 2006-03-30


Reviews :

    Settling an estate can be like moving through a maze -- let The Executor's Guide lead the way.

If you're faced with wrapping up the affairs of a loved one who has died, you may feel overwhelmed by all the work ahead -- especially when you're grieving. But with the right legal and practical information, you can do it.

The Executor's Guide will show you how to get organized, get the help you need and make progress one step at a time. Let it help you navigate an unfamiliar land of legal procedures and terminology. It explains:

*preparing for the job of executor or trustee  *the first steps to take *claiming life insurance, Social Security and other benefits *making sense of a will *what to do if there is no will *how to determine whether probate is necessary *caring for children and their property *taxes *an overview of probate court proceedings *dealing with family members *handling trusts *looking up your state's laws *working with lawyers, appraisers, accountants and other experts

The 2nd edition contains updated tables outlining key points of each state's laws, the latest information on estate taxes and worksheets that help you stay organized and on track....

Authors: Kevin McKinley.
Paperback, 304 pages
Publisher: Fireside
Publication Date: 2002-01-01
Edition: illustrated edition

Reviews :

    A STEP-BY-STEP PROGRAM THAT SHOWS PARENTS WHAT TO DO AT EACH STAGE OF A CHILD'S LIFE TO PROVIDE WEALTH FOR THE NEXT GENERATION.

If you're like most parents, you know that you should start saving for your children's future but you're just not sure where to begin.

In Make Your Kid a Millionaire, Kevin McKinley presents eleven easy ways parents can give their children a college education, a home, a comfortable retirement, and a chance to reach their goals without looking to you for money. With a commonsense approach, McKinley takes the reader from the birth of a child into adulthood and

• Guides parents through market swings
• Shows parents and grandparents how to cut their tax bills as they grow their family net worth
• Recommends "catch-up" tips to parents who haven't started saving yet
• Shows you where to find money to save

Whether you earn six dollars an hour or six figures a year, Make Your Kid a Millionaire helps your kids acquire everything that more money can provide: Time. Knowledge. Security. Stability. And it will grant you the peace of mind that comes with supplying your children with a financial head start....

Authors: E. G Link.
Hardcover, 448 pages
Publisher: Professional Mentoring Program
Publication Date: 1999-12-30


Reviews :

    A Revolution in Estate Planning for Wealthy Families Lives of great men all remind us
We can make our lives sublime,
And departing, leave behind us
Footprints on the sands of time.

Longfellow Family Wealth Counseling: Getting to the Heart of the Matter is an attempt to put into writing the collective wisdom of more than twenty years of working with and learning from hundreds of wealthy families. Over the years, we have helped these affluent families honestly address the important soft issues of life as well as the complex hard issues of wise tax planning. We further have helped these affluent families to effectively integrate these two components into a comprehensive life-plan that produces results-results that continually exceed all expectations. Throughout this book, you will read the stories of how the Family Wealth Counseling process has profoundly impacted Americas wealthy families financially, socially, emotionally and spiritually. The Family Wealth Counseling process has helped many to find the deepest levels of joy, meaning and fulfillment in life. Family Wealth Counseling is a life-planning process whose time has come. It is not only a revolutionary approach to planning-it is the right approach to plan-ning. If you are ready to start thinking beyond . . . you have picked up the right book. Regarding life-planning, this book will challenge you to think about . . .
* the purpose for your life
* the purpose for your wealth
* how to leverage your remaining time, unique talents and accumulated treasures to do the most good for the most people
* how to adequately prepare your heirs for their inheritance, so it will bless them and not ruin them
* how to transition from a life of financial success to a life of personal significance Regarding tax-planning, this book will explain . . .
* that estate taxes are optional
* that capital gains taxes are optional
* how to reduce your current income taxes by opting out of these two taxes
* how to actually increase your net, after-tax annual income by opting out of these taxes
* how to give your estate and capital gains taxes away to charity and actually make a profit
* how to increase the amount of wealth you and your family control This book has the potential to radically change your life and the lives of those you most care about. It all starts with your willingness to begin thinking beyond . . ....

Authors: CCH Tax Law Editors.
Paperback, 240 pages
Publisher: CCH, Inc.
Publication Date: 2007-11-16
Edition: 23

Reviews :

    Taxpayers die, but liability for their unpaid taxes remains. Someone must compute tax liability for the deceased taxpayer, file the decedent's final income tax return, and pay the taxes (or claim refunds) due. At the death of the decedent, a separate taxable entity--the decedent's estate--is created. The estate is liable for the tax on the income received during the period of its administration. In addition, trusts created by the decedent's will are taxed as separate entities. CCH's Federal Income Taxes of Decedents, Estates and Trusts (22nd Edition) provides concise, plain-English coverage of these issues and more. It presents the fundamental rules for preparing a decedent's final income tax return and highlights the income tax rules for the decedent's estate and related trusts. Also covered are the special rules regarding the taxation of grantor trusts and bankruptcy estates. Fiduciary duties, including liability for filing a return and paying any taxes due on behalf of the estate or trust, are also thoroughly discussed. Examples illustrating these rules are provided throughout. Among the subjects covered in this quick answer reference are: - Decedent's last return - Death of a partnership member - Decedent's stock holdings - Income tax return of estate or trust - Grantor trusts - Beneficiary's tax liability - Bankruptcy estates - Fiduciary duties and liabilities Latest changes to the Internal Revenue Code, as well as new regulations, rulings and cases, are reflected throughout the text through date of publication....

Authors: Robert F. Klueger.
Paperback, 288 pages
Publisher: Wiley
Publication Date: 1996-10-30
Edition: 1

Reviews :

    How to shield your assets from creditors and other claimants.

You've worked long and hard for your assets, from your business and home to hard-earned savings and investments. To safeguard them--particularly against liability suits, "America's number one indoor sport"--A Guide to Asset Protection offers proven strategies to help you keep what you may have spent a lifetime earning.

Written by an attorney who specializes in tax-, estate-, and asset protection planning, this indispensable reference is filled with sound advice and practical tips on how to avoid the litigation jungle, as well as revealing insight on how creditors find and get at your assets. Actual case histories and model agreements steer you through the essentials, including:
* Protection through trusts--irrevocable trusts and gift taxes, life insurance trusts, foreign asset protection trusts (FAPTs).
* Fraudulent conveyances--the laws of fraudulent transfers, what fraudulent conveyance is (and is not).
* Asset protection for married couples--separate and community property, transmutation agreements.
* Using family limited partnerships--limited liability companies.
* Employing qualified retirement plans--anti-alienation rule, nonqualified retirement plans, individual retirement accounts (IRAs).
* Filing bankruptcy to protect your assets--dischargeable taxes, pre-bankruptcy planning, Chapter 7 and Chapter 13....

Authors: Vickie Schumacher.
Paperback, 288 pages
Publisher: Schumacher Publishing
Publication Date: 2003-01
Edition: 5

Authors: Karen Rolcik.
Paperback, 384 pages
Publisher: Sphinx Publishing
Publication Date: 2007-03-01


Reviews :

    Did you know that the government may be able to take nearly half of the assets you leave your
family?
Did you know that your family could have to wait to access the funds you saved for them?

A Living Trust can do so much more than a will to ensure that money is not lost or wasted, to keep your family out of court and to keep creditors away. Let The Complete Living Trust Kit teach you all the advantages a Living Trust offers.

A Living Trust is inexpensive to create, easy to maintain and:

limits creditor claims
ensures privacy
prevents unintended disinheritance
minimizes emotional stress on family
directs timely distribution of assets
avoids probate and ancillary probate administration
permits flexibility
is difficult to contest
maintains continuation of business
controls assets during incapacity
provides a guardianship alternative
allows for continuity of asset management and income flow...

Authors: Arnold Cornez.
Paperback, 288 pages
Publisher: McGraw-Hill
Publication Date: 2000-04-01
Edition: 2

Reviews :

   

Here is a timely, comprehensive, and invaluable guide to using offshore investing as a method of asset protection. From evaluating places in which to invest to avoiding offshore scams, this easy-to-understand book provides you with all there is to know about keeping the money you earn.

...

Authors: Christopher R. Jarvis. David B. Mandell.
Hardcover, 376 pages
Publisher: Wiley
Publication Date: 2008-04-04


Reviews :

    Wealth Secrets of the Affluent reveals the ten “keys” to financial success that affluent families have used for decades. This is a must read for anyone who earns over $150,000 per year or any family that is worth over $2,000,000, as well as any advisor who makes a living assisting wealthy clients or would like to attract wealthy clients with more appropriate—and more effective—advice. There are specific strategies used to achieve unparalleled wealth, and this book puts them in perspective....

Authors: Christopher R. Jarvis. David B. Mandell.
Hardcover, 416 pages
Publisher: Wiley
Publication Date: 2002-10-08


Reviews :

    "As an asset protection lawyer, I think Mandell and Jarvis brilliantly explain the most effective wealth protection strategies. A must-read for advisors and clients alike."
-Arnold S. Goldstein, PhD, LLM, JD
author, Asset Protection Secrets

"I really appreciate the 'Risk Factor Analysis.' It is a unique tool for diagnosing-and then solving-some of the toughest problems in maintaining and protecting your wealth."
-Gordon Klein, JD, CPA, lecturer, UCLA's Anderson Graduate
School of Management, frequent CNBC Commentator

"Chris and David's concept of a 'Personal Economy' should be heeded by every individual investor. If you want to grow and shield what's yours, this book is a great start."
-Jonathan Guryan, PhD, Asst. Professor of Economics
University of Chicago Graduate School of Business

The interest in protecting one's wealth is universal. Wealth Protection: Build and Preserve Your Financial Fortress serves as the ultimate handbook for readers who want to build their family's financial fortress and shield it from potential risks....