The American Bar Association Guide to Wills and Estates: Everything You Need to Know About Wills, Trusts, Estates, and Taxes (American Bar Association Guide to Wills & Estates) - Softcover

Thoroughly revised and updated to incorporate the latest tax regulations, this valuable guide provides a definitive overview of the basics of estate planning, covering such topics as trusts, wills, living wills, and other options, along with advice on how to prevent common financial and legal pitfalls, how to avoid unnecessary inheritance taxes, and other aspects of planning for the future. Original. 15,000 first printing.

Estate planning is for everyone who wants to protect the ones they love.

The American Bar Association Guide to Wills & Estates, Second Edition, contains everything you need to know about planning an estate, preparing a will or trust, and minimizing inheritance taxes. Organized in easy-to-follow chapters with sidebars containing tips, checklists, and key information, this book will show you how to make plans that will be carried out exactly as you wish.

The ABA Guide to Wills & Estates will help you:
· Take steps to help your family now
· Determine what to put in your estate plan
· Decide whether to prepare a will, trust, or living trust
· Avoid or reduce estate taxes
· Change your plans if the law or your circumstances change
· Transfer property without a will with substitutes such as life insurance and joint tenancy
· Understand the benefits of living gifts and life insurance
· Choose an executor and trustee
· Ensure that your will won't be contested