This book is the successor to Kahn, Waggoner, and Pennell's Federal Taxation of Gifts, Trusts and Estates, 3rd Edition. Professor Pennell has completely updated this time-honored treatment of the wealth transfer taxes to incorporate all major developments, specifically including EGTRRA 2001 and the possibility of phase-in repeal of the estate and generation-skipping transfer taxes. He has also restructured this classic casebook to make it even easier to use. Users of prior editions will find all their familiar text has been retained and upgraded, but the order has been revised to embrace a more traditional approach to the Code. The new edition addresses all of the estate tax inclusion rules, then the estate tax deductions and calculation rules, before confronting the gift tax, then §§2701 through 2704, and finally the generation-skipping transfer tax . The new edition also has been streamlined by removing the chapters on the income taxation of trusts, estates, grantors, and b

Pennell's Federal Wealth Transfer Taxation (American Casebook Series)

Pennell, Jeffrey

Tax Law

West Academic Publishing

This law school text was written especially for students who have not yet acquired a background in wealth transfer taxation. The text provides the requisite tax background when it is needed, with an understanding of the needs of students who have taken only a basic wills and trusts course. There is an overview of wealth transfer taxes, an introduction to income taxation of estates, trusts, grantors, and beneficiaries, and guidance on planning for incapacity and other end-of-life issues affected by tax law. The necessary learning is presented to help students understand the methods and procedures that estate planners have developed.

Wealth Transfer Planning and Drafting (American Casebook Series)

Business & Money

Personal Finance

Analysis of Wills, Trusts &amp; Estates, convenient for class or exam preparation. Provides clear and concise explanations of legal concepts and terms, along with exam hints, strategies, mnemonics, charts, tables, and study tips – topics covered include intestacy, will execution formalities and contest, revocation, will contracts, will substitutes, construction, restrictions on disinheritance, trust creation and operation, powers of appointment, future interests, planning for incapacity , the Rule Against Perpetuities, wealth transfer taxation and much more. This title also Includes self-testing and diagnostic review questions, and Case Squibs, which are capsule summaries of significant cases identifying important facts, primary issues, and relevant law. Contains sample essay and multiple choice questions with model answers and detailed explanations.

Quick Review of Wills, Trusts, and Estates (Quick Reviews)

Newman, Alan

Updated through August 1, 2020, the third edition of Pennell's Estate Planning and Drafting focuses on every-day planning for "middle-rich" clients. For example: <ul> <li>Traditional planning for couples who may not have as much wealth as double the basic exclusion amount but who anticipate that the exclusion amount may decline in the future. They must consider whether to qualify 100% of the estate of the first to die for the marital deduction (and defer all taxes), or instead to shelter the unified credit of the first to die in a nonmarital trust. In either case they also need to decide whether to elect portability for any unused exclusion amount.</li> <li>A sharper focus on family trust planning for clients with enough wealth to worry about protecting their beneficiaries (and wealth) but for whom sophisticated tax-minimization techniques are not needed.</li> <li>A new brief explanation of Code Chapter 14 illustrates its application but notes that most middle-rich clients will not stumble into estate freezing techniques.</li> <li>The coverage of retirement benefits is updated to reflect the SECURE Act changes to the required-minimum-distribution rules, and elimination of most stretch-payout planning.</li> <li>The chapter on charitable giving is streamlined and simplified in recognition that most middle-rich clients do not make extensive use of private foundations or split-interest trusts.</li> <li>Information about postmortem planning and fiduciary administration stresses state and federal income taxation and state death taxation in situations that do not trigger federal wealth transfer taxation.</li> <li>The text explains essential tax fundamentals that inform traditional techniques (e.g. Crummey powers), without overemphasis on the tax-oriented practices that led to their original adoption.</li> </ul> There are over 100 pages of annotated forms illustrating basic planning documents, including a pour over will, self-trusteed declaration of trust, irrevocable life insurance trust, family and marital deduction trusts, and a third-party special needs trust.

Estate Planning and Drafting (American Casebook Series)

This book provides an outline and analysis of Wills, Trusts, and Estates, in a convenient format both for class preparation and studying for exams. It is a clear and concise explanation of legal concepts and terms, the rationale and inter-relation of various principles, and provides hints for analysis, strategies for evaluation, and study tips. Topics covered include intestacy, will execution formalities and contest, revocation, will contracts, will substitutes, construction and interpretation, restrictions on disinheritance, trust creation and operation, fiduciary administration, powers of appointment, future interests, the Rule Against Perpetuities, and planning for incapacity. It is particularly useful in cutting through the fog of future interests, and making sense of the many ancient doctrines that befuddle students and inform modern practice. This title also includes self-testing, review questions, and detailed explanations.

See the best price to sell, buy, or rent books by Pennell, Jeffrey. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Pennell, Jeffrey

See the best price to sell, buy, or rent books by Pennell, Jeffrey. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Pennell's Federal Wealth Transfer Taxation (American Casebook Series)

Wealth Transfer Planning and Drafting (American Casebook Series)

Quick Review of Wills, Trusts, and Estates (Quick Reviews)

Estate Planning and Drafting (American Casebook Series)

Quick Review of Wills, Trusts, and Estates (Quick Reviews)