Items
Details
Table of Contents
Chapter One: Beginning the process
1.1 Initial client contact
1.2 Initial conference
1.3 Formulating the estate plan
Chapter Two: Estate tax overview
2.1 Introduction
2.2 Gross estate
2.3 Adjusted gross estate
2.4 Taxable estate
2.5 Net estate tax
2.6 Excess retirement accumulations tax
2.7 Filing and payment
Appendix A: Unified transfer tax computation
Appendix B: Unified transfer tax rate schedule
Appendix C: State death tax credit
Chapter Three: Gift tax overview
3.1 Background
3.2 Annual exclusion and split gifts
3.3 Income tax basis in gift property
3.4 Transfers not subject to gift tax
3.5 Gifts for the benefit of children
3.6 Special situations
Appendix A: Individual income tax rate schedules
Appendix B: Trust/estate income tax rates
Chapter Four: Generation-skipping transfer tax
4.1 Background
4.2 Overview
4.3 Additional cautions
Chapter Five: Trusts and their uses
5.1 Background
5.2 Types of trusts
Chapter Six: Powers of appointment
6.1 Background
6.2 Estate and gift tax provisions
6.3 Effective uses of powers
6.4 Interpretation and drafting considerations
Chapter Seven: Marital deduction planning
7.1 Background
7.2 Basic requirements
7.3 Marital deduction planning pointers
Chapter Eight: Life insurance planning
8.1 Basic types of life insurance
8.2 Taxation of life insurance benefits
8.3 Special types of life insurance
8.4 Life insurance trusts
Appendix A: Uniform one-year term premiums for $1,000 life insurance protection
Appendix B: Uniform premiums for $1,000 of group term life insurance protection
Chapter Nine: Charitable giving
9.1 Background
9.2 Estate and gift tax requirements
9.3 Income tax requirements
9.4 Special types of charitable gifts
9.5 Charitable remainder trusts
9.6 Charitable lead trust
Chapter Ten: Business buy-sell agreements
10.1 Background
10.2 Redemption and cross-purchase agreements
10.3 Specific considerations
Chapter Eleven: Retirement plans and benefits
11.1 Background
11.2 Types of retirement plans
11.3 Participation, vesting, and non-discrimination
11.4 Top-heavy plans
11.5 Social security integration
11.6 Penalty taxes
11.7 Distributions
Chapter Twelve: Valuation of assets
12.1 Background
12.2 Real estate
12.3 Tangible personal property
12.4 Intangible personal property
Chapter Thirteen: Postmortem estate planning
13.1 Background
13.2 Qualified disclaimers
13.3 Will and estate litigation
13.4 Consideration affecting the estate taxes
13.5 Considerations affecting income taxes
Chapter Fourteen: Choosing executors and trustees
14.1 Choosing an executor
14.2 Choosing a trustee
14.3 Trustee removal
14.4 Individual trustees
Chapter Fifteen: Sample forms
15.1 Corporate redemption agreement
15.2 Stockholder cross-purchase agreement
15.3 A-B trust planning approach: equalization of estate between husband and wife
15.4 Marital deduction planning with disclaimer trust
15.5 Minor's or educational trust
15.6 Irrevocable life insurance trust
15.7 Will, trust, premarital agreement
15.8 Craven trust for handicapped child
15.9 Charitable remainder trusts
15.10 Standby trust
Index
1.1 Initial client contact
1.2 Initial conference
1.3 Formulating the estate plan
Chapter Two: Estate tax overview
2.1 Introduction
2.2 Gross estate
2.3 Adjusted gross estate
2.4 Taxable estate
2.5 Net estate tax
2.6 Excess retirement accumulations tax
2.7 Filing and payment
Appendix A: Unified transfer tax computation
Appendix B: Unified transfer tax rate schedule
Appendix C: State death tax credit
Chapter Three: Gift tax overview
3.1 Background
3.2 Annual exclusion and split gifts
3.3 Income tax basis in gift property
3.4 Transfers not subject to gift tax
3.5 Gifts for the benefit of children
3.6 Special situations
Appendix A: Individual income tax rate schedules
Appendix B: Trust/estate income tax rates
Chapter Four: Generation-skipping transfer tax
4.1 Background
4.2 Overview
4.3 Additional cautions
Chapter Five: Trusts and their uses
5.1 Background
5.2 Types of trusts
Chapter Six: Powers of appointment
6.1 Background
6.2 Estate and gift tax provisions
6.3 Effective uses of powers
6.4 Interpretation and drafting considerations
Chapter Seven: Marital deduction planning
7.1 Background
7.2 Basic requirements
7.3 Marital deduction planning pointers
Chapter Eight: Life insurance planning
8.1 Basic types of life insurance
8.2 Taxation of life insurance benefits
8.3 Special types of life insurance
8.4 Life insurance trusts
Appendix A: Uniform one-year term premiums for $1,000 life insurance protection
Appendix B: Uniform premiums for $1,000 of group term life insurance protection
Chapter Nine: Charitable giving
9.1 Background
9.2 Estate and gift tax requirements
9.3 Income tax requirements
9.4 Special types of charitable gifts
9.5 Charitable remainder trusts
9.6 Charitable lead trust
Chapter Ten: Business buy-sell agreements
10.1 Background
10.2 Redemption and cross-purchase agreements
10.3 Specific considerations
Chapter Eleven: Retirement plans and benefits
11.1 Background
11.2 Types of retirement plans
11.3 Participation, vesting, and non-discrimination
11.4 Top-heavy plans
11.5 Social security integration
11.6 Penalty taxes
11.7 Distributions
Chapter Twelve: Valuation of assets
12.1 Background
12.2 Real estate
12.3 Tangible personal property
12.4 Intangible personal property
Chapter Thirteen: Postmortem estate planning
13.1 Background
13.2 Qualified disclaimers
13.3 Will and estate litigation
13.4 Consideration affecting the estate taxes
13.5 Considerations affecting income taxes
Chapter Fourteen: Choosing executors and trustees
14.1 Choosing an executor
14.2 Choosing a trustee
14.3 Trustee removal
14.4 Individual trustees
Chapter Fifteen: Sample forms
15.1 Corporate redemption agreement
15.2 Stockholder cross-purchase agreement
15.3 A-B trust planning approach: equalization of estate between husband and wife
15.4 Marital deduction planning with disclaimer trust
15.5 Minor's or educational trust
15.6 Irrevocable life insurance trust
15.7 Will, trust, premarital agreement
15.8 Craven trust for handicapped child
15.9 Charitable remainder trusts
15.10 Standby trust
Index