Plan your estate [2018

This book provides the information and encouragement you need to create security for your property, your children, and your health after you die or become incapacitated. In plain English, it covers every standard estate planning topic in detail. The information in this book will help you formulate your plan and will save you time and money, whether you create your own estate plan or go to a lawyer for assistance. Selecting your estate planning goals Personal concerns and estate planning Special property ownership rules for married people Inventorying your property Your beneficiaries Children Wills Probate and why you want to avoid it Living trusts Joint tenancy and tenancy by the entirety Pay-on-death designations, registrations, and deeds Life insurance Retirement benefits State law exemptions from normal probate Estate taxes Gifts and gift taxes An overview of ongoing trusts AB disclaimer trusts Other estate tax-saving marital trusts Charitable trusts Other estate tax-saving trusts Disclaimers : after-death estate tax planning Combining estate tax-saving trusts Property control trusts for second or subsequent marriages Trusts and other devices for imposing controls over property Incapacity : making medical and financial decisions Body and organ donation, funerals, and burials Family business estate planning Using lawyers After you complete your estate plan After a death occurs Sample estate plans. Turn to Plan Your Estate for straightforward, plain-English explanations of each of your estate-planning options, so you can make the best decisions for you and those you love. Attorney Denis Clifford shows you how to: avoid probate leave property through a will or trust use life insurance to provide for your loved ones name a guardian for your minor children leave property to a young person plan for incapacity implement strategies specific to business owners reduce estate taxes, and make final arrangements. Applies in all U.S. states except Louisiana. Presents a guide on estate planning that covers property ownership laws, beneficiaries, probate avoidance, living trusts, joint tenancy, health care directives, life insurance, estate taxes, wills, business ownership, and pensions. With this book, you can learn how to sensibly plan for the transfer of your property to your loved ones after you die, with a minimum of fuss and waste. "All you need to know about: wills & trusts; estate & gift taxes; avoiding probate; powers of attorney & living wills"--Front cover. Plan Your Estate explains how to get your end-of-life affairs in order.