9781413327786-1413327788-Plan Your Estate

Plan Your Estate

3.6 Rate this book
ISBN-13: 9781413327786
ISBN-10: 1413327788
Edition: Fifteenth
Author: Denis Clifford Attorney
Publication date: 2020
Publisher: NOLO
Format: Paperback 528 pages
FREE US shipping
Sell
Get cash immediately!

Book details

ISBN-13: 9781413327786
ISBN-10: 1413327788
Edition: Fifteenth
Author: Denis Clifford Attorney
Publication date: 2020
Publisher: NOLO
Format: Paperback 528 pages

Summary

Plan Your Estate (ISBN-13: 9781413327786 and ISBN-10: 1413327788), written by authors Denis Clifford Attorney, was published by NOLO in 2020. With an overall rating of 3.6 stars, it's a notable title among other Personal Finance (Estates & Trusts, Tax Law, Wills, Estate Planning) books. You can easily purchase or rent Plan Your Estate (Paperback) from BooksRun, along with many other new and used Personal Finance books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.58.

Description

Turn to Plan Your Estate for straightforward, plain-English explanations of each of your estate-planning options, so you can make the best decisions for you and those you love.

Plan Your Estate covers these estate planning goals:

  • Leaving property. If you are not wealthy, you might use a simple will or living trust, or both. You can also use co-ownership, transfer-on-death accounts, or beneficiary designations. If you have a large estate, you might also leave property to beneficiaries in more complicated ongoing trusts. No matter how you leave your property, it is better to have a plan―if you die without one, state law will decide who gets what.
  • Providing for young children. If you have young children, you’ll want to ensure that they will be well cared for if you die before they become adults. In your will, you can name guardians to raise them and managers to look after their inheritance. You’ll also likely want to buy life insurance to make sure that your kids have money after you’re gone.
  • Planning for incapacity. Part of estate planning is preparing for what will happen if you ever became unable to make medical and financial decisions for yourself. You can use a health care directive to name someone to make medical decisions on your behalf and to express your wishes about end-of-life care. You can also prepare a durable power of attorney that gives a trusted person control of your finances. Preparing these documents can save your family much heartache.
  • Avoiding probate. Probate is a court-run process for wrapping up an estate. It’s often expensive and time-consuming, yet rarely provides any benefit to the beneficiaries. Thankfully, with a little planning, probate is fairly easy to avoid. Trusts, pay-on-death accounts, joint tenancy, and other probate avoidance methods can keep most or all of your estate out of probate, saving your loved ones time and money.
  • Reducing estate tax. Most people won’t owe federal estate tax. But if you expect to leave over $11.4 million, you’ll probably want to use your estate plan to reduce the tax that your estate could owe after your death.

    (Note: This book contains no estate planning forms, but it does tell you how to get the forms you need.)

    • Show more
    Rate this book Rate this book

    We would LOVE it if you could help us and other readers by reviewing the book

    cookies

    We use cookies to ensure website functionality: improve our services, personalize your experience, analyze performance and traffic, and process orders efficiently. To learn more, check our Privacy Policy.