Estate Planning: Principles and Problems, 3rd Edition

This coursebook features a case-study and problems approach in which the principles of estate planning are first introduced and then demonstrated through student analysis of short exercises and simulated client situations. A forms supplement on CD is an additional tool for giving students practice with drafting exercises.

Features:

• Case studies in every chapter emphasize problems that arise in the actual estate planning process
• Exercises and case studies explore a broad variety of issues , and allow great flexibility in teaching
• Each chapter begins with an overview of topics covered, followed by a more detailed discussion of legal doctrines and principles
• An electronic forms supplement in CD conveniently supports a drafting component to the course
• The ordering of topics treats fundamental issues first, more complex issues later
• Flexible organization presents a life-cycle progression reflecting the changing needs of clients from youth through old age
• Coverage of federal tax issues supports those who wish to teach it and can be taught or omitted at the professor's discretion
• A bibliography at the end of each chapter provides extensive reference sources

• Substantial revision to reflect the recently enacted Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010
• Expanded and/or updated coverage (including new cases) to reflect other changes and developments in the law, including:
• Same-sex marriage and planning
• Uniform Probate Code's 2008 changes dealing with definitions of children
• Durable powers of attorney and medical care directives (including ""persistent vegetative state"")
• Retirement asset tax planning material
• Trust ""decanting""
• Family offices and private trust companies
• Pet Trusts
• Expanded and updated materials regarding Dealing with Clients
• Expanded discussion of values other than federal wealth transfer tax issues that clients find important and how that impacts the planning process
• Revised case studies and problems
• Substantially updated forms supplement on CD