Estate Planning Basics
- ISBN13: 9781413307023
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Product Description
This quick read makes understanding the rules of estate planning easy!
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).
Learn about:
choosing beneficiaries
estate planning by parents with minor children
wills
living trusts
ot… More >>
This book is a very good introduction to intelligent estate planning. It served the exact purpose that prompted me to buy it…reading it gave me a good working knowledge of the estate planning process, some red flags, some suggested courses of action, and some tax considerations. Having 2 parents over 80, I feel I can now discuss estate planning with them and a professional planner……and understand what he/she is saying.
Rating: 4 / 5
This book is very easy to read and understand. I am an estate planner and it gave me new ideas to help my clients.
Rating: 5 / 5
My wife and I are starting our estate planning because we have minor children. We also have a stepfamily dynamic which made things a little more complicated. After reading this book, we have a much better understanding of how to accomplish our goals, and I’ll probably check out Nolo to find out how to do it ourselves. This was by no means a comprehensive “how to” book but certainly let us know what options are out there simply by providing the basics.
Rating: 5 / 5
This was not the first estate planning book I bought, but it was the best. Without dumbing the issues down, the author carves out manageable modules to make each chapter as clear and understandable as possible. The book features anecdotal paragraph case studies based on real-life examples to flesh out the major points. In contrast to more encylopedic approaches, and as part of the NOLO series, this book is for non-lawyers. It makes clear that estate planning is about how to avoid probate and how to arrange for the conveyance of your assets to your heirs. That is, estate planning not about tax sheltering per se. Obvious, perhaps, to a lawyer, but not to most people. Another strong point is the clear and cogent explanation of trusts. A trust is a written agreement that defines the relationship among the grantor, the trustee, and beneficiaries. Here as well, the book delivers big-time by rendering legal abstractions accessible to the general reader. What a great service!
Rating: 5 / 5
This is the best book out there on Estate Planning Basics. Armed with this book and Quicken Personal Lawyer I was able to do our living trust, wills, life insurance and other estate planning documents and save the legal bills. Even if you end up using a lawyer, you should get this book first to get informed.
Rating: 5 / 5