Estate Planning Basics

Make your estate planning as painless as possible with Estate Planning Basics. This book provides concise, straightforward and easy-to-read explanations of the major components of estate planning, so that you don't have to spend hours wading through endless options, most of which apply to the wealthy. Learn about: § choosing beneficiaries § estate planning by parents with minor children § wills § living trusts § other probate-avoidance methods, including using a retirement plan like an IRA or 401(k) as an estate planning device § estate taxes, and tax reduction methods § trusts for people in second marriages, or for those leaving property to a disabled person § planning for the handling of medical and financial decisions if one becomes incompetent