Lastly, the Bettses are passionate about proper planning and advocate the importance of estate planning
to family and friends.
Many clients may need to move up a level on the estate planning
hierarchy to simplify the estate administration process for their heirs using a revocable trust or to give heirs the flexibility needed to take retirement plan distributions.
New grandparents would also be well advised to update estate planning
documents to provide a generation-skipping component, including a current gifting program.
Drimal professor of estate planning
at the American College, Bryn Mawr, Pa.
Specifically, the Library includes: CCH Tax Tracker News, a daily news service; Practitioner's Strategies, a series of columns by estate planning
practitioners; and, Estate Planning
Review, a monthly newsletter covering financial and estate planning
Financial planners should review existing estate planning
Vern Kozlen, executive vice president of City National Investments, said successful estate planning
involves the transfer of a person's assets to his or her beneficiaries quickly and with minimal tax consequences.
Nor is estate planning
something to do in cookie-cutter fashion and without forethought.
A wide selection of educational offerings for Continuing Professional Education (CPE) credit as well as a special offering of the Institute for Business, Financial and Estate Planning
Symposium, will be provided at the National Society of Accountants' 2000 Annual Convention.
Succession planning is the major issue in family businesses; until you have the succession plan in effect, you can't really do the estate planning
," says Jeffrey Galant, tax partner at Goodkind Labeton Rodoff & Socharow, who specializes in family-owned companies.
One set is for estate planning
, one is for liability, and one is a demo disc for previewing legal software.
for families with a member who has a disability is different from other types of estate planning
, because there is so much more that has to be done.
This estate planning
software program is designed for the professional just getting started in estate planning
as an additional client service or career path.
You should begin your estate planning
by exploring ways to minimize gift or estate taxes, which typically range from 37 percent to 55 percent.
includes discussions of: the use of wills; living trusts; gifts in trust; insurance trusts; estate and gift tax returns; gifts of purchases of stock; financial planning for retirement and the use of traditional and Roth IRAs; family estate plans; discount valuation of intra-family gifts of a minority interest in a closely held family business context; LLCs; like-kind exchanges; and the use of charitable transfers.