Estate Planning After the 2001 Tax Act

Relief for professionals from the Tax Relief Act! It has become extremely challenging for financial advisers and their clients to plan for the future in light of the complex and changing rules introduced with the momentous 2001 Tax Act. Yet it is more important than ever for financial advisers to position themselves to help clients protect their assets from taxation as these pervasive—and confusing—changes go into effect (and out of effect!) over the course of the decade ahead. This book provides the needed road map. The author, noted educator and lawyer Martin Shenkman, covers all of the issues that financial planners, accountants, attorneys, and other professionals need to know concerning the many new estate-planning-related changes in the tax code. With specific recommendations for every major client type and planning technique, this book offers a sound rationale for revising—or initiating—long-term estate planning strategies in light of the new law and related regulatory changes. What's more, this guidance is presented in a practical and readily accessible plain-English format busy professionals will appreciate and come to rely on.Inside Each Chapter:• Expert and timely analysis, insights, and tools from a seasoned practitioner and distinguished interpreter of the field• Comprehensive discussion of the 2001 act with interpretation of implications for estate planning by tax law, type of client, and planning technique• Boxed planning tips, cautionary highlights, and sample clauses provide quick summaries of information and practical strategies for implementing changes• Useful projections and alternative what-if planning scenarios Copyright (C) Muze Inc. 2005. For personal use only. All rights reserved.