Estate Planning, Wills and Trusts : For Business Owners and Entrepreneurs (Entrepreneur Legal Guides)
Estate plans are created for a variety of reasons, but they aren’t just about distributing your assets. First and foremost, you want the security of knowing that you have provided for your loved ones and minimized the legal issues and financial insecurity they might otherwise face upon your death. As a business owner, you need a plan for business succession or transition and have a unique set of considerations to take into account. You may even want to leave a charitable economic legacy. In any event, your estate plan should be tailored to fit your personal situation.
With a special emphasis on business owners, W. Rod Stern covers:
- Wills, living trusts, gifts, charitable trusts and more
- The pros and cons of probate
- How to transition your business so your heirs can benefit
- Selecting trustees and guardians
- Reducing estate taxes
- Long-term asset management
Begin now, and design an estate plan that protects both your family and your business.
Sample documents include:
- Simplified Sample Will
- Simplified Sample Family Trust
- Financial Summary Worksheet
- Total Assets and Liabilities Worksheet
- Your Family Documentation Worksheet
- Asset Value Test
- Income and Expense Test
- Calculating Life Insurance Needs
- Tax Impact of Gifting
- Common Distribution Provisions for Wills and Rrusts
- IRS Publication 950 Introduction to Estate and Gift Taxes
- IRS Publication 706 U.S. Estate Tax Return
- IRS Publication 709 U.S. Gift Tax Return
- IRS Publication 1041 U.S. Income Tax Return for Estates and Trusts
- Schedule K1, 1041 Beneficiary’s Share of Income, Deductions, Credits, etc.
For 30 years, Entrepreneur has provided the most trusted business advice available to business owners. Our legal guides continue that tradition by offering current and cost-effective legal advice so you can resolve the business and legal issues you face on a daily basis. We also strive to help you identify when it’s in your best interest to seek the personalized advice and services of a practicing lawyer.
List Price: $ 32.95
Price: $ 3.53
Estate Planning Basics
Estate planning rules explained in one quick read!
Estate Planning Basics provides concise, straightforward, and easy-to-read explanations of the major components of estate planning, so that you don’t have to spend hours wading through endless options (most of which apply to the wealthy).
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Attorney Denis Clifford gives you the reliable, plain-English answers you need, whether you’re doling out the family heirlooms or trying to steer clear of estate taxes. The 6th edition has been fully updated to reflect your state’s latest estate planning laws and information.
List Price: $ 24.99
Price: $ 16.49
Estate Planning For Dummies
If you’re like most people, you want to be sure that, once you’ve passed on, no more of your property and money will be lost to the government than is absolutely necessary. You want to know that you’ll be leaving your heirs your assets and not your debts. You want to be absolutely certain that your will is ship-shape, your insurance policies are structured properly, and that every conceivable hole in your estate plan has been filled. And most of all, you’d like to do all of this without driving yourself crazy trying to make sense of the complicated jargon, jumble of paperwork, and welter of state and federal laws involved in the estate planning process.
Written by two estate planning pros, this simple, easy-to-use guide takes the pain out of planning for your ultimate financial future. In plain English, the authors walk you step-by-step through everything you need to know to:
- Put your estate into order
- Minimize estate taxes
- Write a proper will
- Deal with probate
- Set up trusts
- Make sure your insurance policies are structured properly
- Plan for special situations, like becoming incompetent and pet care
- Craft a solid estate plan and keep it up-to-date
Don’t leave the final disposition of your estate up to chance and the whims of bureaucrats. Estate Planning For Dummies gives you the complete lowdown on:
- Figuring out what you’re really worth
- Mastering the basics of wills and probate
- Using will substitutes and dodging probate taxes
- Setting up protective trusts, charitable trusts, living trusts and more
- Making sense of state and federal inheritance taxes
- Avoiding the generation skipping transfer tax
- Minimizing all your estate-related taxes
- Estate planning for family businesses
- Creating a comprehensive estate plan
Straightforward, reader-friendly, easy-to-use, Estate Planning For Dummies is the ultimate guide to planning your family’s future.If you’re like most people, you want to be sure that, once you’ve passed on, no more of your property and money will be lost to the government than is absolutely necessary. You want to know that you’ll be leaving your heirs your assets and not your debts. You want to be absolutely certain that your will is ship-shape, your insurance policies are structured properly, and that every conceivable hole in your estate plan has been filled. And most of all, you’d like to do all of this without driving yourself crazy trying to make sense of the complicated jargon, jumble of paperwork, and welter of state and federal laws involved in the estate planning process.
Written by two estate planning pros, this simple, easy-to-use guide takes the pain out of planning for your ultimate financial future. In plain English, the authors walk you step-by-step through everything you need to know to:
- Put your estate into order
- Minimize estate taxes
- Write a proper will
- Deal with probate
- Set up trusts
- Make sure your insurance policies are structured properly
- Plan for special situations, like becoming incompetent and pet care
- Craft a solid estate plan and keep it up-to-date
Don’t leave the final disposition of your estate up to chance and the whims of bureaucrats. Estate Planning For Dummies gives you the complete lowdown on:
- Figuring out what you’re really worth
- Mastering the basics of wills and probate
- Using will substitutes and dodging probate taxes
- Setting up protective trusts, charitable trusts, living trusts and more
- Making sense of state and federal inheritance taxes
- Avoiding the generation skipping transfer tax
- Minimizing all your estate-related taxes
- Estate planning for family businesses
- Creating a comprehensive estate plan
Straightforward, reader-friendly, easy-to-use, Estate Planning For Dummies is the ultimate guide to planning your family’s future.
List Price: $ 21.99
Price:
Introduction to Estate Planning in a Nutshell, Fifth Edition (In a Nutshell (West Publishing))
This Nutshell presents an introduction to estate planning. Subjects covered include the transfer of property at death at will under the intestate law, survivor interests, community property, and “simple” wills. Addresses insurance, estates arising from status, Social Security, pensions, workers’ compensation, and veterans benefits. Discusses charitable trusts, the rule in Shelley’s case, the Doctrine of Worthier Title, the Rule Against Perpetuities, and the Rule Against Accumulations. Also addresses fiduciary administration and federal estate and gift taxes.
List Price: $ 38.00
Price: $ 32.87
AARP Crash Course in Estate Planning, Updated Edition: The Essential Guide to Wills, Trusts, and Your Personal Legacy
In these pages you will find:
• Advice on guardianship and advanced medical directives.
• Explanations of the role and powers of a trustee and what steps to take in the case of suspected misconduct.
• A primer on marshaling and protecting retirement assets.
• Help in planning for children with disabilities.
• A primer on marshaling and protecting retirement assets.
• Help in planning for children with disabilities.
• Ideas for making sure your money stays in the family in case a spouse remarries; and much, much more.
List Price: $ 14.95
Price: $ 5.98
Estate & Trust Administration For Dummies
Executing an estate or a trust fund is a big responsibility. Estate & Trust Administration For Dummies contains advice for handling estates and trusts of any size. It offers solid pointers on reading and interpreting a will and other documents, and helping heirs avoid paying too much (or too little). It also shows you how to take care of a loved one’s estate in the event that a will or trust was never created.
This authoritative, plain-English guide helps you understand and follow the rules that govern estates and trusts, ensure a smooth transfer of property, and manage fiduciary affairs in an orderly manner. You’ll get help choosing and assembling a team of professional advisors, settling debts and paying bequests, operating a revocable or irrevocable trust, and making sound trust investment decisions. Discover how to:
- Understand executors’ and trustees’ duties
- Read and interpret important documents
- Properly execute an estate or trust
- Handle estates both large and small
- Get familiar with the probate process and estate taxes
- Identify different types of trusts
- Follow the deceased’s wishes — and the law
- Notify insurers and employers of a death
- Follow the steps for closing an estate
- Establish, fund, and change ownership of a trust
- Keep proper trust records
Yes, you can do the job and do it well. All you need is a little help from Estate and Trust Administration For Dummies.Executing an estate or a trust fund is a big responsibility. Estate & Trust Administration For Dummies contains advice for handling estates and trusts of any size. It offers solid pointers on reading and interpreting a will and other documents, and helping heirs avoid paying too much (or too little). It also shows you how to take care of a loved one’s estate in the event that a will or trust was never created.
This authoritative, plain-English guide helps you understand and follow the rules that govern estates and trusts, ensure a smooth transfer of property, and manage fiduciary affairs in an orderly manner. You’ll get help choosing and assembling a team of professional advisors, settling debts and paying bequests, operating a revocable or irrevocable trust, and making sound trust investment decisions. Discover how to:
- Understand executors’ and trustees’ duties
- Read and interpret important documents
- Properly execute an estate or trust
- Handle estates both large and small
- Get familiar with the probate process and estate taxes
- Identify different types of trusts
- Follow the deceased’s wishes — and the law
- Notify insurers and employers of a death
- Follow the steps for closing an estate
- Establish, fund, and change ownership of a trust
- Keep proper trust records
Yes, you can do the job and do it well. All you need is a little help from Estate and Trust Administration For Dummies.
List Price: $ 21.99
Price:
Wills and Estate Planning For Canadians For Dummies
Wills & Estate Planning For Canadians For Dummies walks you through the steps of planning your estate. This friendly guide will help you
- Reduce the tax you or your estate will pay
- Plan for your children’s future
- Leave a charitable legacy
- Decipher the legal lingo in wills
- Prepare a living will to ensure you get the treatment you want
- Hire an estate planning team that will meet your needs
Through practical advice from expert authors, this book helps you ensure that your affairs are in order, and your loved ones will be looked after.
List Price: $ 24.99
Price: $ 18.99
AARP Crash Course in Estate Planning: The Essential Guide to Wills, Trusts, and Your Personal Legacy
Scrutinized for accuracy by AARP’s legal specialists, this indispensable volume covers every aspect of planning an estate and creating a will. A crash course in one handy volume, the book walks readers through the entire process, from understanding the distinction between probate and nonprobate property to delegating a durable power of attorney, and from resolving possible tax issues ahead of time to safeguarding your assets.
In these pages you will find:
• comparisons of wills and simple living trusts;
• advice on guardianship and advance medical directives;
• explanations of the role and powers of a trustee—and what steps to take in the case of suspected misconduct;
• a primer on marshaling and protecting retirement assets;
• help in planning for children with disabilities;
• ideas for making sure your money stays in the family in case a spouse remarries; and much, much more.
List Price: $ 14.95
Price: $ 5.39
Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates
The misconceptions surrounding the last will and testament need to be put to rest: Wills benefit lawyers. Trusts benefit you. Period. Too often lawyers sell wills to clients only to sit back and wait to sell their probate services to their client’ s heirs. Modern estate planning should utilize the Living Trust as the effective, efficient, and inexpensive alternative to a will. Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle explains why wills are not the best way to handle an estate and details the many advantages trusts have over wills in not only eliminating probate, but protecting your assets for your heirs. Anyone with minor children, disabled beneficiaries, blended families, or spendthrift heirs must have a trust to be sure the assets left behind are put to good use, and that your intentions are carried out. Lawyers may have vested interests in perpetuating the probate system, but this book will explain why legal services are not needed to do the clerical work in settling a trust after death. No legal jargon or confusing double-speak, just specific step-by-step instructions and sample form letters to settle a trust are included to take the mystery out of the process. This is not a do-it-yourself book and it doesn’t try to cram every type of trust onto its pages. Living Trusts for Everyone explains in specific terms what benefit a trust will have for you and gives you the tools to settle a loved one’s trust with no lawyers and no expense. For those who already have a trust, there is a list of what to look for to see if your trust is any good, or if it needs to be updated. Trust seminars are examined with warnings on what to look out for in setting up your trust. Everyone who cares about what happens to their assets at death should read Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle!
List Price: $ 14.95
Price: $ 8.54
Estate Planning for Blended Families: Providing for Your Spouse & Children in a Second Marriage
In almost half of all stepfamilies, each parent brings one or more children to a new marriage and while other books give general information about wills, trusts, and taxes, many of them may not apply to couples in second marriages.
Estate Planning for Blended Families is the first book for parents in second marriages who want to provide both for their current spouse and their children from the current and prior marriages. Author Richard Barnes has years of experience guiding couples through the process of setting goals, discussing competing priorities, and choosing strategies and this book covers:
Estate Planning for Blended Families will also provide sample estate plans as well as the latest information regarding federal and state laws. (20090502)
List Price: $ 34.99
Price: $ 17.98