Table of contents for AARP crash course in estate planning : the essential guide to wills, trusts, and your personal legacy / Michael T. Palermo.

Bibliographic record and links to related information available from the Library of Congress catalog.

Note: Contents data are machine generated based on pre-publication provided by the publisher. Contents may have variations from the printed book or be incomplete or contain other coding.


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Contents
Introduction		What Is Estate Planning?
			Why Is Estate Planning Important for You?	
			Do You Need a Lawyer?
			When Should You Review Your Estate Plan?
			How to Use This Book
Part One 		Understanding Estate-Planning Basics
Chapter One		Different Kinds of Property and the Law	
			Probate Property
			Nonprobate Property	
			Intestacy: Where There's No Will, There's Still a Way	 
			What Is Your Estate?	
			Community Property	
			Life Estates
Chapter Two	Wills and Trusts: Choosing the Right Tools to Make Your Estate Plan 
Work	
			Determine Your Needs
			Wills and Trusts Can Work Together		
			Will Basics
			Trust Basics	
			Comparing Wills and Living Trusts	
			Trust Scams	
Chapter Three	 Beyond Wills and Trusts: The Rest of the Estate Planner's Toolkit 	
			Durable Power of Attorney	
			Guardianship and Conservatorship	
			Living Wills and Other Advance Medical Directives	
			The Ethical Will
Prenuptial Agreements	
Chapter Four		The Ins and Outs of the Probate Process	 
			The Big Picture
			Duties of the Executor	
Chapter Five		Who's in Charge Here? Choosing Your Executor or Trustee
			Naming a Family Member as Your Executor or Trustee	
			Banks and Other Institutional Trustees	
The Business Side of the Executor's and Trustee's Jobs	
			The Human and Practical Side of the Trustee's Responsibilities
Chapter Six		Using a Trust Protector: Someone to Trust Besides Your Trustee 	
			Introduction to the Role and Its Duties
Powers to Give the Protector	
			Who Should Be Your Trust Protector?
			Defining and Limiting the Trust Protector's Powers	
			Don't Forget the Trustee
			Helping Your Trustee and Trust Protector Do Their Jobs	
Chapter Seven	When Things Go Wrong	
Executor Misconduct	
Challenging a Will 
Problems with Trusts and Trustees	
Chapter Eight	 Preparing for the Tax Man 	
Your Taxable Estate	
How the Federal Gift and Estate Tax Works	
The Generation-Skipping Transfer (GST) Tax	
A Simple Living Trust Will Not Save Any Tax	
Minimizing Uncle Sam's Share	 
Part Two		Applying the Basics: Estate-Planning Tools for Common Life 
Situations
Chapter Nine		Providing for Young Children: Some Useful Trust Provisions
		A Common Dilemma
Some "What Ifs" to Consider in Setting Up a Trust for Minor Children
Chapter Ten		Planning for Children with Disabilities
			What Is the Supplemental Needs Trust (SNT)?
The Two Types of Supplemental Needs Trusts
What the Supplemental Needs Trust Can Provide
Other Planning Issues
Chapter Eleven	Mom and Dad's Basic Estate Tax Planning 
			Say "I Do" to the Marital Deduction and Bypass (A/B) Trust 
	How the A/B Trust Works while Both Spouses Are Alive
			After the Death of the First Spouse 
Chapter Twelve	Subsequent Marriages: Providing for a Spouse without Giving Away 
the Family Fortune
	Using the Estate Tax Marital Deduction 
	The Qualified Terminable Interest in Property (QTIP) Trust
Chapter Thirteen	Charitable Donations: Gifts that Give Back
 			The Charitable Gift Annuity
The Charitable Remainder Annuity Trust (CRAT)
			How the CRAT Works
			A Few Practical Points
			
Part Three 		Preserving Your Estate: Keeping Creditors, Spendthrifts, and the Tax 
Man at Bay 
Chapter Fourteen	An Introduction to Asset Protection Planning	
Basic Approaches to Asset Protection
A Survey of the Law and Key Principles
Chapter Fifteen	Protecting Your Wealth with an Irrevocable Life Insurance Trust	
How the Irrevocable Life Insurance Trust (ILIT) Works
ILITs and the Estate Tax
ILITs and the Gift Tax
A Final Word about ILITs
Chapter Sixteen	 Protecting Beneficiaries from Themselves
			Spendthrift Trust Provisions
Incentive Trust Provisions 
Chapter Seventeen	Minding Your Business: Protecting Investment Interests
Some Background in Partnership Law
Introduction to the Family Limited Partnership
The Limited Liability Company
How Family Limited Partnerships Work
Other Benefits of Family Limited Partnerships 
Some Final Asset Protection Pointers
Part Four		Estate Planning with Retirement Assets 
Chapter Eighteen	Distribution Solutions for Beneficiaries
Taking Distributions after the Account Owner Dies 
New Rules Increase Flexibility
Chapter Nineteen	Using Trusts as Designated Beneficiaries	
Requirements of the Trust Document
The QTIP Trust as Beneficiary
Some Points on Estate Planning with Retirement Assets	
Appendix 		A List of Executor Duties and Tasks of Probate
Glossary
Index

Library of Congress Subject Headings for this publication:

Finance, Personal.
Estate planning.
Wills.
Trusts and trustees.