Index
- Advance medical directives
- Advisers, professional
- Affidavit of trust
- American Opportunity Tax Credit (AOTC)
- American Taxpayer Relief Act of 2012
- business and corporate tax relief
- capital gains tax rates and qualified dividends
- educational provisions
- education IRA
- miscellaneous provisions relating to education
- Section 529 plans
- estate, gift, and generation-skipping transfers
- estate-planning issues
- planning considerations
- planning with portability
- marginal ordinary income tax rates
- net investment income (NII) 3.8 percent tax on
- Annuities
- private
- Apolinsky, Harold
- Asset protection strategies
- domestic asset protection trusts (DAPTs)
- foreign asset protection trusts
- basics of
- fraudulent transfers
- insurance
- married couples, asset protection for
- state exemptions
- jointly held property
- life insurance
- limited liability entities
- multiple
- retirement plans
- trusts
- Beneficiary designations
- Busby, Winston
- Business and corporate tax relief
- Business liability insurance
- C corporation
- advantages
- best fit
- disadvantages
- Capital gains tax rates and qualified dividends
- Cash value life insurance
- survivorship life
- universal life
- variable life
- whole life
- Certificate of trust
- Charitable lead trust
- advantages
- disadvantages
- Charities, strategic planning with
- charitable trusts, gifts using
- charitable remainder annuity trust (CRAT)
- charitable remainder unitrust (CRUT)
- using for retirement planning
- outright gifts to
- appreciated property
- cash
- property
- to public foundations
- tax deduction limitations on
- private foundations
- advantages
- disadvantages
- testamentary gifts to
- charitable trusts, gifts using
- Codicils
- Community property
- Contributions growth rate calculator
- Contributory retirement plans
- Coverdell Education Savings Accounts
- Credit life insurance
- Credit shelter trust wills
- Cross-purchase agreements
- Crummey notice
- Custodial accounts
- advantages of
- disadvantages of
- Deceased spouse's unused exclusion (DSUE)
- Disclaimers
- Domestic asset protection trusts (DAPTs)
- Durable power of attorney for health care
- Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA)
- Education, funding children's
- Educational provisions of 2012 Tax Relief Act
- education IRA
- miscellaneous provisions relating to education
- Section 529 plans
- Employee stock ownership plan (ESOP)
- Entity purchase agteements
- Estate, gift, and generation-skipping transfers. See also Estate planning; Gifting assets to family members; Generation-skipping transfers
- estate-planning issues
- planning considerations
- planning with portability
- Estate planning
- benefits of
- defined
- assets, protecting
- documents, gathering and drafting
- family, protecting
- investment planning
- personal goal and wishes, carrying out
- tax planning
- goals
- guidelines for
- current estate net worth, determining
- documents, organizing
- goals establishing
- professional help
- progress, monitoring
- myths of
- poor planning, problems caused by
- reviewing
- using insurance in
- life insurance
- long-term care (LTC) insurance
- using trusts in
- credit shelter trust wills
- disclaimers
- marital trusts
- spendthrift trusts
- standby trusts
- Estate planning terms
- Estate tax system
- estate net worth, determining
- sample statement
- estate tax picture
- estate-planning strategies, overview of
- future estate
- understanding
- estate net worth, determining
- Executors
- 529 plans
- contributions
- definition
- estate tax consequences
- financial aid, impact on
- gift tax consequences
- investment options
- nonqualified distributions, penalties on
- portability and control
- tax benefits
- tax-free growth
- Family business or farm, succession planning for
- buy-sell agreement
- funding
- structuring
- types of
- employee stock ownership plan (ESOP)
- keeping in the family
- retaining or selling decision
- selling, maximizing business's value through
- special estate tax benefits for farmers and closely held business owners
- installment payment of estate taxes
- special-use valuation
- valuing business or farm
- buy-sell agreement
- Family Council
- Family limited partnerships (FLPs)
- general structure of
- advantages
- disadvantages
- rules
- calculating discounts
- discount planning
- general and limited partners' rights
- limited liability companies (LLCs)
- maximizing discounts
- minors' interests in
- multiple, using to maximize benefits
- general structure of
- Fee simple ownership
- advantages of
- disadvantages of
- Foreign asset protection trusts
- basics of
- Fraudulent transfers
- insurance
- married couples, asset protection for
- state exemptions
- General partnership
- advantages
- best fit
- disadvantages
- General power of appointment trust
- Generation-skipping transfers
- Gift and estate tax
- credit and exclusion amounts
- exemption amounts
- tax rate table
- Gifting assets to family members
- annual gift tax exclusion
- family gifts utilizing trusts
- generation-skipping transfers
- gift tax return, filing
- grantor retained annuity trust (GRAT)
- grantor retained unitrust (GRUT)
- intentionally defective grantor trusts (IDGTs), sales to
- legacy trusts
- different needs of children
- disadvantages of
- distributions
- Family Council
- for funding education of grandchildren
- generation-skipping transfers
- incentive provision
- length of
- mandatory provisions
- trustee
- umbrella trust
- lifetime applicable exclusion amount
- loans to family members
- minor donees
- 2503(b) trust
- 2503(c) trust
- 529 plans
- custodial accounts
- outright gifts
- appreciated property
- appreciating property
- cash
- Roth IRAs
- qualified personal residence trust (QPRT)
- death during term of
- setting up
- tax treatment
- sales to family members
- installment sales
- private annuity
- tax-free gifts
- unintended gifts
- Grantor retained annuity trust (GRAT)
- Grantor retained unitrust (GRUT)
- Growth Strategy with a Safety Net®
- initial safety net
- retirement portfolio equity (stock) allocation guidelines based on
- withdrawal rates
- Guardians
- Health care proxy
- Health Care and Reconciliation Act (HCRA)
- Hybrid agreements
- Income sprinkling provision
- Income taxes
- three-bucket strategy for managing
- two-bucket strategy for managing
- Incompetence provision, of living trust
- Inflation multiplier chart
- Insurance, using in estate plan
- life insurance
- on adult children
- amount needed
- basics
- best deal on
- cash value insurance
- cash values
- existing, moving into trust
- on homemaker
- irrevocable life insurance trust
- leveraging estate with
- amount needed
- term insurance
- term insurance
- type needed
- using for estate liquidity
- using to replace income
- warnings about
- long-term care (LTC) insurance
- estate-planning benefits of
- life insurance
- Investment planning
- Investment strategies for maximizing estate growth
- Growth Strategy with a Safety Net®
- initial safety net
- retirement portfolio equity (stock) allocation guidelines based on
- withdrawal rates
- prioritizing investment dollars
- retirement planning
- investing, power of
- life insurance
- magnifying the power of
- personal investment accounts
- tax-deferred investment programs
- Growth Strategy with a Safety Net®
- IRAs
- Irrevocable life insurance trust
- disadvantages of
- using to protect assets
- Irrevocable trusts
- Joint dynasty trust
- Joint tenants with right of survivorship (JTWRS)
- advantages of
- disadvantages of
- Jointly held property, protecting from creditor claims
- Lawsuits, threat of
- Legacy trusts
- different needs of children
- disadvantages of
- distributions
- Family Council
- for funding education of grandchildren
- generation-skipping transfers
- incentive provision
- length of
- mandatory provisions
- trustee
- umbrella trust
- Letter of instruction
- Life estates
- Life expectancy table (IRS)
- Life insurance
- on adult children
- amount needed
- basics
- best deal on
- cash value insurance
- survivorship life
- universal life
- variable life
- whole life
- cash values
- dynasty planning without trust
- joint dynasty trust
- existing, moving into trust
- on homemaker
- irrevocable life insurance trust
- disadvantages of
- leveraging estate with
- amount needed
- term insurance
- protecting from creditor claims
- term insurance
- type needed
- using for estate liquidity
- using to replace income
- warnings about
- credit life insurance
- financial strength
- mortgage life insurance
- Limited liability companies (LLCs)
- advantages
- best fit
- disadvantages
- single-member
- advantages
- best fit
- disadvantages
- Limited liability entities, using to protect assets
- multiple
- Living trusts
- advantages of
- disadvantages of
- myths
- setting up
- funded vs. unfunded
- incompetence provision
- number of
- revocable vs. irrevocable
- trustee, choosing
- wills
- transacting business with
- transferring property into
- annuities
- bank accounts and money market accounts
- brokerage accounts
- IRAs and other retirement accounts
- jointly held property
- life and disability insurance
- property having no title
- real estate
- stock certificates and bonds
- vehicles, motorcycles, and boats
- Living wills
- Long-term care (LTC) insurance
- estate-planning benefits of
- Malpractice insurance
- Marginal ordinary income tax rates
- Marital trusts
- general power of appointment trust
- qualified domestic trust (QDOT)
- qualified terminable interest property (QTIP) trust
- Medicare
- original
- Part A
- Part B
- Part C (Medicare Advantage)
- Part D
- Mortgage life insurance
- Net investment income (NII) 3.8 percent tax on
- types of NII
- Nominee partnership
- Parents' estates
- Payment on death (POD) account
- Perpetuities clause
- Personal business planning issues
- business plan, importance of
- corporations
- C corporation
- limited liability company (LLC)
- S corporation
- general partnership
- advantages
- best fit
- disadvantages
- rules, regulations, and procedures, following
- corporate veil, piercing
- doing business in multiple states
- multiple entities, use of
- personal service providers
- sole propietorship
- advantages
- best fit
- disadvantages
- Personal investment accounts
- Pooled income funds
- advantages
- disadvantages
- Power of attorney
- Private foundations
- advantages
- disadvantages
- Probate
- advantage of
- disadvantages of
- Professional advisers
- Property ownership, methods of
- choosing best methods of
- community property
- fee simple ownership
- joint tenants with right of survivorship (JTWRS)
- life estates
- revocable living trusts
- tenants in common
- Qualified domestic trust (QDOT)
- Qualified personal residence trust (QPRT)
- death during term of
- setting up
- tax treatment
- Qualified terminable interest property (QTIP) trust
- Remarriage provision
- Retirement planning
- health care plan, customizing
- Medicare
- investing, power of
- life insurance
- magnifying the power of
- personal investment accounts
- requirements
- assumptions
- future income need
- future value of current investments
- income, sources of
- investment account target
- monthly investment requirements
- portfolio withdrawal rate
- retirement account surplus or deficit
- reverse mortgages
- vs. annuity
- as safety net
- Social Security strategies
- 62/70 strategy
- benefits based on claiming age
- converting to Roth IRA
- file-and-suspend strategy
- paying off debt
- postponing benefits
- taxation of benefits
- widow/widower strategy
- strategies, best
- tax-deferred investment programs
- health care plan, customizing
- Retirement plans, protecting from creditor claims
- Reverse mortgages
- vs. annuity
- as safety net
- Revocable living trusts
- Roth conversions
- Roth IRAs
- gifting
- as incentive provision in legacy trust
- S corporation
- advantages
- best fit
- disadvantages
- Simultaneous death clause
- Social Security benefits
- delaying
- estimate (2014)
- strategies
- 62/70 strategy
- benefits based on claiming age
- converting to Roth IRA
- file-and-suspend strategy
- paying off debt
- postponing benefits
- taxation of benefits
- widow/widower strategy
- Sole propietorship
- advantages
- best fit
- disadvantages
- Spendthrift provision
- Spendthrift trusts
- Stocks, dividend-paying
- Survivorship life insurance
- Tax planning
- Tax-deferred investment programs
- Tenancy by the entirety
- Tenants in common
- advantages of
- disadvantages of
- Term life insurance
- Three-bucket strategy for managing income taxes
- Trustees
- of living trust
- powers of
- Trusts
- 2503(b)
- 2503(c)
- charitable, gifts using
- charitable remainder annuity trust (CRAT)
- charitable remainder unitrust (CRUT)
- using for retirement planning
- credit shelter
- domestic asset protection trust (DAPT)
- family gifts utilizing
- foreign asset protection
- basics of
- grantor retained annuity trust (GRAT)
- grantor retained unitrust (GRUT)
- intentionally defective grantor trusts (IDGTs)
- irrevocable
- irrevocable life insurance trust
- disadvantages of
- using to protect assets
- joint dynasty
- legacy
- different needs of children
- disadvantages of
- distributions
- Family Council
- for funding education of grandchildren
- generation-skipping transfers
- incentive provision
- length of
- mandatory provisions
- trustee
- umbrella trust
- living
- advantages of
- disadvantages of
- myths
- setting up
- transacting business with
- transferring property into
- marital
- general power of appointment trust
- qualified domestic trust (QDOT)
- qualified terminable interest property (QTIP) trust
- minors'
- qualified personal residence trust (QPRT)
- death during term of
- setting up
- tax treatment
- revocable living trusts
- spendthrift
- standby
- Two-bucket strategy for managing income taxes
- Umbrella trust
- Wills
- advantages and disadvantages of
- attorneys, working with
- basic provisions of
- executors
- guardians
- in terrorem clause
- minors' trusts
- opening declaration
- payment of debts and funeral expenses
- perpetuities clause
- personal items
- residence(s)
- residuary estate, division of
- simultaneous death clause
- spendthrift provision
- taxes
- trustee powers
- trustees
- credit shelter trust wills
- defined
- direct transfers by title
- beneficiary designations
- community property
- fee simple ownership
- irrevocable
- joint tenants with right of survivorship (JTWRS)
- life estates
- payment on death (POD) account
- revocable living trusts
- tenants in common
- estate plan, reviewing
- estate-planning goals
- executing
- intestacy
- and living trusts
- other important documents
- letter of instruction
- living wills, advance medical directives, and health care powers
- power of attorney
- property ownership, choosing best methods of
- property transfers at death
- storing
- transfers via probate
- types of
- holographic
- joint
- oral (nuncupative)
- simple
- testamentary trust
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