Many people agonize over the best ways to distribute their assets to their loved ones. Will the intended giving engender friction and disputes amongst their beneficiaries? At some point, every person will need to think about what happens when they are no longer around. Will their beneficiaries have enough funds to sustain themselves? Who will succeed in the family business? The professional adviser will face a myriad of questions from clients. Such questions point to estate planning, wills and trusts.
Estate planning is the systematic planning for the distribution of the estate of a person. Legacy objectives are to be considered together with many matters such as the legal structures for holding and preservation of assets, the timing of distributions, the maturity and competency of the heirs and tax issues.
Find out the best solutions that are available with this book, now in its fourth edition. This edition has expanded to twenty-seven chapters with new and updated materials.