The 101 Biggest Estate Planning Mistakes (häftad)
Format
Häftad (Paperback / softback)
Språk
Engelska
Antal sidor
304
Utgivningsdatum
2009-11-24
Upplaga
1
Förlag
John Wiley & Sons Inc
Medarbetare
Nass
Illustrationer
Illustrations
Dimensioner
227 x 156 x 21 mm
Vikt
363 g
Antal komponenter
1
Komponenter
23:B&W 6 x 9 in or 229 x 152 mm Perfect Bound on White w/Gloss Lam
ISBN
9780470375037
The 101 Biggest Estate Planning Mistakes (häftad)

The 101 Biggest Estate Planning Mistakes

av He Nass
Häftad Engelska, 2009-11-24
132
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A trust and estate lawyer to the stars offers an engaging look at how to avoid numerous estate planning mistakes In The 101 Biggest Estate Planning Mistakes, author Herbert Nass, an estate planner for some of today's most famous celebrities, offers an entertaining look at what not to do when setting up an estate plan, or administering an estate. By examining the mistakes made by some of the most well-known celebrities-from Bob Marley to John F. Kennedy, Sr. and Jr.-this book will guide readers toward making a successful estate plan and help them avoid many common pitfalls. Chapters cover such topics as: mistakes involving tangible personal property, real estate, executors and trustees, minors, or persons with disabilities; as well as disgruntled family and friends left behind. Puts estate planning in perspective through entertaining examples of mistakes celebrities have made in developing their own plans Taps into the voyeuristic interest we have in the lives of the rich and famous Offers an insider's look at many fascinating wills of the rich and famous Given the emotional, financial, and legal issues that arise from the death of a loved one-and the substantial assets that are transferred from one generation to the next at this time-understanding estate planning is essential. This book will put you in a better position to make more informed estate planning decisions.
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Övrig information

Herbert E. Nass (New York, NY) runs the Herbert E. Nass & Associates law firm, which?represents numerous celebrities involved in performing and visual arts and professional sports. Having specialized in legal matters involving Wills, Estates, and Trusts for almost 25 years, Nass has been listed as one of the top 100 attorneys practicing in this field (Worth magazine 2005, 2006).

Innehållsförteckning

Preface. Acknowledgments Chapter 1 The Single Biggest Mistake - Not for the One Certainty in Life...Death. Mistake # 1: No Estate Whatsoever. Mistake # 2: Out-of-Date Wills. Mistake # 3: Losing your Will. Mistake # 4: Do-It-Yourselfers and Handwritten Wills. Mistake #5: Not Signing Your Will Because You Physically Can't. Mistake #6 Not Properly Executed Documents. Mistake #7: The Best Laid (Estate) Plans. Mistake #8: Dying Intestate or without a Will. Chapter 2 Mistakes Involving Tangible Personal Property. Mistake #9: Nemo Dat Quo Non Habet (Latin for "He Who Hath Not Cannot Give"). Mistake #10: Not Properly Documenting the Delivery and Completion of a Gift. Mistake #11: Selling Valuable Tangible Personal Property Too Close to Death. Mistake #12: Bequeathing Tangible Personal Property that You Do Not Own. Mistake #13: Mentioning Too Many Details in Your Will. Mistake #14: Not Including Any Details in Your Will. Mistake #15: Not Providing Properly for the Care of Your Pets After Your Death. Mistake #16: Leaving Too Much Money for Your Pets After Your Death. Mistake #17: Giving the Same Tangible Personal Property Item to More than One Person. Mistake #18: Not Properly Providing for the Disposition of Your Artworks after Your Death. Mistake #19: Not Providing for Your Tangible Personal Property in a Revocable Living Trust. Chapter 3 Mistakes Involving Real Estate. Mistake #20: Not Confirming How Title is Held to Real Estate Before or Right After Death. Mistake #21: Forgetting that Real Estate Usually Passes Subject to Loans and Mortgages. Mistake #22: Not Draining the Water Pipes in a Vacant House in Cold Weather. Mistake #23: Failing to Maintain Adequate Property and Casualty Insurance on Estate Property - Especially Vacant Real Estate. Mistake #24: Failing to Provide that Children, or others, May Continue to Reside in the Family Home with the Executor's or Trustee's Approval. Mistake #25: Failing to Provide that Existing Leases Will Terminate on Reasonable Terms After the Death of the Owner of the Property. Mistake #26: Owning Land, a House or an Apartment in a Foreign Country. Mistake #27: Assuming That a Co-operative Apartment Building Board Will Always Do What You Would Like It to Do. Mistake #28: Placing Real Estate in a Trust Without Checking on the Ramifications of Doing So. Chapter 4 Mistakes Involving Executors and/or Trustees. Mistake #29: Selecting Only One Executor in a Complicated Estate. Mistake #30: Selecting Too Many Executors. Mistake #31: Selecting an Even Number of Executors. Mistake #32: Selecting Executors with a Conflict of Interest. Mistake #33: Not Compensating (or Under-Compensating) Your Executors. Mistake #34: Not Selecting Your Spouse as an Executor. Mistake #35: Surprising Your Spouse with the Terms of Your Will. Mistake #36: Not Naming Your Children as Executors. Mistake #37: Naming Your Children as Executors. Mistake #38: Naming a Literary Executor in Your Will. Mistake #39: Naming a Corporate Fiduciary That Can Be Removed by an Individual Fiduciary. Chapter 5 Mistakes Involving Guardians, Minors or Step-Children. Mistake #40: Not Naming the Biological Parent as the Guardian of Your Minor Children. Mistake #41: Naming the Biological Parent as the Guardian of Your Minor Child. Mistake #42: Failing To Periodically Review Your Choice of Guardian(s). Mistake #43: Assuming that Your Step-Children Have the Same Legal Rights as Your Biological Children. Chapter 6 Mistakes Involving Prior Marriages, Prenuptial Agreements and Significant Others. Mistake #44: Not Taking into Account the Terms of an Existing Separation or Divorce Agreement. Mistake #45: Entirely Disinheriting Children or Grandchildren Out of Stupidity or Inadvertence. Mistake #46: Not Taking Your Spouse's Legal or Statutory Rights into Account. Mistake #47: Putting Your Child in Charge of a Surviving Spouse Who Is Not His or Her Parent. Mistake #48: Assuming that Your Divorce Automatically Revokes Your Will in its Ent