Estate and Business Succession Planning: A Legal Guide to Wealth Transfer Tapa dura - 2002

Descripción de la solapa

Planning for the inevitability of death is always a difficult subject. Combine that with the complexities of the estate and gift tax systems under the new Economic Growth and Tax Relief Reconciliation Act of 2001 and it's no wonder that people procrastinate when it's time to create their estate plan. But Fishkind and Kautz have returned with an updated Second Edition of J.K. Lasser Pro Estate and Business Succession Planning to help answer all your questions. This Second Edition addresses all the changes-both present and future-associated with the Economic Growth and Tax Relief Reconciliation Act of 2001, and shows you how to take advantage of them. Fishkind and Kautz demystify the planning process and provide practical information that allows you to take action and save more when planning under the new tax law.

J.K. Lasser Pro Estate and Business Succession Planning, Second Edition provides the inquiring individual, accountant, financial planner, insurance professional, student, banker, and attorney with a comprehensive overview of virtually every major planning technique. These techniques are then brought to life through real-world examples and interesting hypotheticals.

Numerous estate and business succession planning techniques must often be integrated to meet an individual's needs. Accordingly, in the conclusion of this book, the authors show how to meld these techniques into an estate or business succession plan that is manageable and will reduce taxation.

The authors provide a unique perspective on estate and succession planning. That is, most individuals spend a majority of their waking days developing a career and accumulating wealth. As one matures, priorities may shift into preserving that wealth. In order to complete this process, time and attention must be dedicated to transferring that wealth to the next generation in the most tax-efficient manner possible and in a way that promotes the well-being of loved ones. J.K. Lasser Pro Estate and Business Succession Planning, Second Edition guides you through this process by providing straightforward solutions to an often complicated issue.