The Complete Guide to Wills

The Complete Guide to Wills

What You Need to Know Explained Simply

Book - 2011
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Whether many people realize it or not, a will is a vital necessity in making sure all assets and wishes are properly attended to after death. Many more people neglect it because it seems too complex and time consuming. Fortunately, with this guide in hand, you will have a comprehensive outlook on exactly what a will entails and what you need to do to prepare one.

You will learn the basics of estate planning, starting with the outlining of your assets and understanding the various different forms of ownership style. The real and personal property lines, including how your marriage, children, and other legal relationships will affect your property rights, are included. You will learn what value life insurance can have and why every one should have an active policy before creating a will. In addition, you will learn how to measure and distribute assets from a pension, other retirement accounts, and if you own your own business.

Dozens of interviews were conducted with attorneys, tax accountants, and other experts to establish a set of clear guidelines to help you ensure your will is created with the best of everyone in mind. You will learn how to minimize the amount of taxes that will be levied on your estate, including through estate taxes, state taxes, and income taxes. A chapter is included that helps you outline and keep track of how you will keep your will updated as you age and your estate changes.

Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company president’s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.

This Atlantic Publishing eBook was professionally written, edited, fact checked, proofed and designed. You receive the same content as the print version of this book. Over the years our books have won dozens of book awards for content, cover design and interior design including the prestigious Benjamin Franklin award for excellence in publishing. We are proud of the high quality of our books and hope you will enjoy this eBook version.



Book News
Ashar, an attorney who teaches at DeVry U., and Baker, an author of financial books, describe the major considerations and features of wills and related estate planning issues. They discuss the importance of a will, especially for those with children and businesses; types; the estate planning team; marriage issues; life insurance; pensions and retirement accounts; beneficiaries and gifts; executors; providing for children; will challenges; special considerations like dependents with special needs, same-sex unions, common law marriages, sudden riches or debt, and taxes; using trusts; medical decisions and incapacity; and final life decisions. Throughout the book are additional tips from attorneys, judges, and loved ones. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)

Publisher: Ocala, Fla. : Atlantic Pub. Group, c2011
ISBN: 9781601383129
1601383126
Characteristics: 288 p. : ill., forms ; 23 cm
Additional Contributors: Baker, Sandy Ann 1976-

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