This book provides concise, straightforward, and easy to read information about the major components of estate planning – without going into endless detail about arcane options that apply only to the wealthy. Topics include:
- Wills. Why you need one, how to make one, and when having just a will is enough.
- Living Trusts. When they’re useful, how they work, and whether you need a lawyer to make one.
- Young Beneficiaries. How to protect gifts you leave to young people to young people, by naming a responsible adult to manage the property until they come of age.
- Avoiding Probate. What is probate, why you might want to avoid it, and how to do it.
- Planning for Incapacity. Why you should make powers of attorney and health care directives to plan for a time when you cannot make decisions about your finances or your medical care.
Best-selling Nolo author Denis Clifford uses plain English to make these estate planning issues easy to understand, and he lets you know which tasks you can handle yourself and when you’ll need a lawyer’s help.
Table of Content
Your Estate Planning Legal Companion
Chapter 1 A First Look at Estate Planning
Chapter 2 Your Beneficiaries
Chapter 3 Children
Chapter 4 Planning for Incapacity: Medical Care and Finances
Chapter 5 Wills
Chapter 6 Living Trusts
Chapter 7 Other Ways to Avoid Probate <
Chapter 8 Retirement Plans as Estate Planning Devices
Chapter 9 Estate Tax
Chapter 10 Reducing Federal Estate Taxes
Chapter 11 Property Control Trusts
Chapter 12 Lawyers
Chapter 13 Finalizing Your Estate Plan
Appendix A
Index
About the author
Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a lawyer who specializes in estate planning. He is the author of many Nolo titles, including Quick and Legal Will Book, Make Your Own Living Trust and Plan Your Estate and coauthor of A Legal Guide for Lesbian and Gay Couples. He has been interviewed by such major media as The New York Times, Los Angeles Times, and Money Magazine.
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