The Tools & Techniques of Trust Planning, 4th Edition
eBook - ePub

The Tools & Techniques of Trust Planning, 4th Edition

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

The Tools & Techniques of Trust Planning, 4th Edition

About this book

This title covers the types of trusts that are most commonly used and the possible tax consequences for grantors and beneficiaries of using a particular type of trust. It details requirements for each type of trust and provides practical advice on how they should be drafted. In addition, this title addresses how planning professionals such as attorneys, accountants, investment advisers, and trust officers should administer the trust to achieve the client's stated planning goals over the life of the trust.

New in the 4th Edition:

  • Explanation of how the stewardship trust is an ideal solution for a business owner to transfer his or her business altruistically
  • Updated community property law, including a discussion of "full" basis step adjustment and an update on the states that permit a couple to create a community property trust
  • The latest on the states that have adopted the Uniform Voidable Transactions Act
  • Current domestic asset protection trust (DAPT) legislation, including a discussion of each of the states, with an introductory focus on Alaska and Delaware, followed by a brief overview of each of the other states
  • DAPT states, including the new legislation in Connecticut, Indiana, and Alabama
  • The latest information on trusts and divorce, including how, since the passage of the Tax Cuts and Jobs Act, some states have decoupled from the federal income tax rule regarding alimony

Key Topics Covered:

  • Explorations of different types of trusts include detailed knowledge about:
  • Spousal lifetime access trusts (SLATs)
  • Marital and By-Pass Trusts
  • Community Property Trusts
  • Irrevocable Life Insurance Trusts
  • Trusts and Divorce
  • Revocable Living Trusts
  • Inter Vivos QTIP Trusts
  • Supplemental Needs Planning
  • Grantor Retained Interest Trusts
  • Charitable Trusts
  • Qualified Personal Residence Trusts
  • Domestic Asset Protection Trusts
  • Offshore Asset Protection Trusts
  • Trusts for Unique Assets and Difficult Situations and Blended Families

As with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of trust planning and confidently meet their needs.

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Yes, you can access The Tools & Techniques of Trust Planning, 4th Edition by Jonathan E. Gopman,Michael A. Sneeringer,Jonathan E. Gopman in PDF and/or ePUB format, as well as other popular books in Business & Wealth Management. We have over one million books available in our catalogue for you to explore.

Information

Publisher
The National Underwriter Company
Year
2025
eBook ISBN
9781588528810
Edition
4
Topic
Business
Subtopic
Wealth Management
Index
Business

Table of contents

  1. Title
  2. Copyright
  3. THE LEIMBERG LIBRARY
  4. ABOUT THE EXECUTIVE EDITORS
  5. ABOUT THE CONTRIBUTING AUTHORS
  6. CHAPTER 1: TRUSTS: WHAT ARE THEY, WHY DO WE USE THEM AND BEST PRACTICES
  7. CHAPTER 2: TRUST PROTECTORS
  8. CHAPTER 3: MARITAL AND BY-PASS TRUSTS
  9. CHAPTER 4: COMMUNITY PROPERTY TRUSTS
  10. CHAPTER 5: 2503(b) AND 2503(c) TRUSTS
  11. CHAPTER 6: IRREVOCABLE LIFE INSURANCE TRUSTS
  12. CHAPTER 7: TRUSTS AND DIVORCE
  13. CHAPTER 8: REVOCABLE LIVING TRUSTS
  14. CHAPTER 9: INTER VIVOS QTIP TRUSTS
  15. CHAPTER 10: SUPPLEMENTAL NEEDS PLANNING
  16. CHAPTER 11: HOLDING SUBCHAPTER S STOCK IN TRUST (AND ESTATES) SUBCHAPTER J MEETS SUBCHAPTER S
  17. CHAPTER 12: GRANTOR TRUSTS
  18. CHAPTER 13: CHARITABLE TRUSTS
  19. CHAPTER 14: INTENTIONALLY DEFECTIVE TRUSTS
  20. CHAPTER 15: QUALIFIED PERSONAL RESIDENCE TRUSTS
  21. CHAPTER 16: DOMESTIC ASSET PROTECTION TRUSTS
  22. CHAPTER 17: OFFSHORE ASSET PROTECTION TRUSTS
  23. CHAPTER 18: FEDERAL TAX ISSUES WITH ASSET PROTECTION TRUSTS
  24. CHAPTER 19: BEST PRACTICES FOR ASSET PROTECTION TRUSTS AND COMPLIANCE ISSUES
  25. CHAPTER 20: POWER OF APPOINTMENT SUPPORT TRUSTS (POAST)
  26. CHAPTER 21: TRUSTS FOR UNIQUE ASSETS AND DIFFICULT SITUATIONS
  27. CHAPTER 22: PLANNING FOR BLENDED FAMILIES
  28. CHAPTER 23: TRUST AMENDMENTS
  29. CHAPTER 24: SPOUSAL LIFETIME ACCESS TRUST (SLAT)
  30. INDEX
  31. Back Page