Estate Planning for Dummies - 2nd Edition by Jordan S Simon & Joseph Mashinski (Paperback)

About the Book

"Estate Planning For Dummies teaches you the ins and outs of estate planning. This everyone-friendly guide walks you through building a solid estate plan, whatever your current financial situation. In easy-to-understand language, you'll learn the ins and outs of estate planning, including what happens to your stuff--cash, real estate, businesses, retirement funds, everything--when you pass away. This new edition is updated for the many recent changes in estate taxes and inheritance law"--

Book Synopsis

Get your arms around wills, trusts, probate, inheritance taxes, and other important estate planning essentials

Estate Planning For Dummies teaches you the ins and outs of estate planning. It's all about drafting wills, dealing with probate, assigning powers of attorney, establishing living trusts, and beyond. Think you don't have enough assets to merit estate planning? Think again. This everyone-friendly guide walks you through building a solid estate plan, whatever your current financial situation. In easy-to-understand language, you'll learn the ins and outs of estate planning, including what happens to your stuff--cash, real estate, businesses, retirement funds, everything--when you pass away. This new edition is updated for the many recent changes in estate taxes and inheritance law. Make sure your assets get into the pockets of your heirs or wherever you want them to go, and learn how to accomplish it the For Dummies way.

• Understand state and federal estate and inheritance taxes
• Build an air-tight will and make sure your heirs get as much as they can
• Protect your estate's privacy even after you're gone
• Plan for the transition of a family business
• Prevent disagreements and uncertainty among your heirs
• Figure out how to pass on your digital assets

This friendly guide is a must for people of any age in the process of drafting their wills and planning where their assets ultimately end up.

From the Back Cover

Protect yourself, your family, and your nest egg

Confused about how to handle your estate? Overwhelmed by the idea of drafting wills, powers of attorney, health-care directives, living trusts, and more? It's not as intimidating as you might think! In Estate Planning For Dummies, a team of experts walks you through every step you need to take to get your affairs in order and build a rock-solid plan for your assets that works for you and your family. From (legally) shrinking your tax bill to reducing the possibility of family conflict, this book is the helping hand you've been looking for.

Inside...

• Understand the jargon
• Draft an airtight will
• Minimize your taxes
• Pass on your business
• Create health-care directives
• Set up a trust
• Build a retirement plan
• Reduce family conflict

About the Author

Jordan S. Simon is a partner at the Venture West Group and coauthored the first edition of Estate Planning For Dummies.

Joseph Mashinski is an attorney and consultant with more than 19 years' experience in estate plan-ning, insurance, employee benefits, and ERISA compliance.