These days, just about everyone should be doing some amount of estate planning. This is especially true for the millions of baby boomers with families and substantial assets that could go to the IRS in the absence of a solid plan for minimizing estate taxes. With Federal taxes having the potential to take 60% of a person's estate, estate plainly cannot be ignored.

If you are age 45 or older, this book tells you everything you need to know to plan your own estate or that of your parents. This book deals with traditional estate planning techniques as well as some alternative techniques that consider non-traditional goals such as providing for a stepchild's inheritance and how to educate your parents on providing for their grandchildren. It includes worksheets, budget allocations, and scenario portfolios illustrating planning techniques suited for each situation.

Estate planning is an issue for almost all Americans largely because of increased pensions and inherited wealth. This book will provide planners, attorneys and accountants with a current, comprehensive guide to estate planning strategies. Wills, trusts, partnerships, property and special situations will be included.

UNDERSTANDING ESTATE PLANNING BASICS.

Why Do You Need Estate Planning?

Determining Your Estate Net Worth.

Retire with Dignity: How Much Is Enough?

To Die without an Estate Plan.

Your Last Will and Testament: The Basic Estate Planning Tool.

USING TRUSTS IN YOUR ESTATE PLAN.

Using Trusts in Your Estate Plan.

The Revocable Living Trust.

Using Life Insurance in Your Estate Plan.

Smart Strategies for Gifting Assets to Family Members.

Strategic Planning with Charities.

ESTATE TRANSFER STRATEGIES FOR MULTIPLE GENERATIONS.

Family Limited Partnerships.

Succession Planning for the Family Business or Farm.

Asset Protection Strategies.

The Pschology of Money.

Appendix.

Glossary.

Index.