
The book that revolutionized estate administration has now been fully updated for the 1990s. Still containing the well-known detachable forms that enable you to avoid the delay, expense and publicity of probate, it also covers the changes wrought by the 1986 Tax Reform Act.
This book investigates the legal mechanisms available to individuals to bypass the probate process when transferring assets after death. Norman F. Dacey, a financial advisor, argues that the traditional probate system is inefficient, costly, and unnecessarily public. He provides a framework centered on the use of living trusts and other legal instruments to maintain control over one's estate while minimizing administrative burdens and tax liabilities.
What You Will Find
Scope Limits
This text is recognized as a foundational resource for laypeople seeking to understand estate administration without extensive legal counsel. Readers frequently note the practical utility of the included forms, though experts caution that legal statutes change rapidly and require professional verification.
Page Count:
715
Publication Date:
1990-01-01
Publisher:
Collier Books
ISBN-10:
0020081812
ISBN-13:
9780020081814
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