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American Bar Association Guide to Wills and Estates, Fourth Edition: An Interactive Guide to Preparing Your Wills, Estates, Trusts, and Tax
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The American Bar Association Guide to Wills & Estates, Fourth Edition, is the user-friendly guide that contains everything you need to know about planning an estate and preparing a will. It is organized in easy-to-follow chapters with sidebars containing tips, checklists, and key information, encouraging you to begin the process quickly and easily.
The ABA Guide to Wills & Estates will help you:
• Determine what to put in an estate plan
• Decide whether to prepare a will, trust, or living trust
• Avoid or reduce estate taxes
• Transfer property without a will with substitutes such as life insurance and joint tenancy
• Understand the benefits of living gifts and life insurance, among many other topics
The Fourth edition features new and updated topics, such as:
• Life-threatening and chronic illnesses
• Incorporating your religious beliefs into your estate plan
• Assisted reproduction and its resulting estate planning implications
• Civil unions and same-sex marriages
• Elder abuse and care
• Information about Roth IRAs in estate plans
• The impact of digital assets on estate planning
- Sales Rank: #384630 in eBooks
- Published on: 2013-03-26
- Released on: 2013-03-26
- Format: Kindle eBook
About the Author
The American Bar Association is the nation’s leading legal authority and the largest voluntary professional membership organization in the world. With more than 400,000 members, the ABA provides law school accreditation, continuing legal education, information about the law, programs to assist lawyers and judges in their work, and initiatives to improve the legal system for the public.
Most helpful customer reviews
13 of 13 people found the following review helpful.
How many times (and ways) can you write, "consult with an attorney"?
By RodW
Take out all the disclaimers/admonitions to "consult with an attorney" and the book would be half the current length. (Yes, that is hyperbole...but you get the point). It is an okay overview of estate planning. It seems to have been written by many authors/attorneys. So, sometimes the information in one section seems to conflict with the information in another section.
13 of 14 people found the following review helpful.
Straightforward and Easy To Read
By Kathy Edens
Over 300 pages plus appendix of straightforward information about how to draft a will, trust etc. It also has information about generation skipping trusts, business valuations etc. Each chapter starts with a scenario about someone who did it wrong and then the chapter has information about how to do it right. Each chapater also has a 'need to know" section and additional citations where you can do more research about the topic in that chapter. The appendices have sample wills, and forms the reader can (should) complete before going to the attorney to draft their will. This information will cut down on research the attorney might need to do, which will in turn cut down on the billable hours they charge. Nice for the American Bar Association to help hold down the attorney's fees! This book is recent, published in 2012, however it isn't completely timely since Congress only passed the new estate tax exemption in 2013. However, the authors anticipate this and came very close with their predicted $5million exemption. Whether you have a small estate or large, it is to your benefit to learn as much about the law as possible. Skip chapters that don't pertain to you if you wish, but do read about the law and the repurcussions if you don't plan wisely. The estate tax is the government's last chance to get as much of your money as it possibly can so it is up to you to be informed enough to thwart this final confiscation.
5 of 5 people found the following review helpful.
Great info source
By Builderlady
Part of my business is doing financial planning for
"ordinary people." This book allows me to save a lot
of time. Instead of having to explain things they need to know,
I simply let them read the book.
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