This book provides concise, straightforward, and easy-to-read information about the major components of estate planning – without going into endless detail about arcane options that apply only to the wealthy. Topics include:
· choosing beneficiaries
· estate planning by parents with minor children
· wills
· living trusts
· avoiding probate
· trusts for people in second marriage, and
· planning for incapacity.
Best-selling Nolo author Denis Clifford uses plain English to make these estate planning issues easy to understand, and he lets you know which tasks you can handle yourself, and when you’ll need a lawyer’s help.
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Denis Clifford, a graduate of Columbia Law School, where he was an editor of The Law Review, is a practicing lawyer who specializes in estate planning. He is the author of many Nolo titles, including Quick and Legal Will Book, Make Your Own Living Trust and Plan Your Estate, and a coauthor of A Legal Guide for Lesbian and Gay Couples. He has been interviewed by such major media as The New York Times, Los Angeles Times, and Money Magazine.
“Will be appreciated by those with modest estates who want a quick overview.” Library Journal
“One of the simplest and best overviews of the estate-planning process.” The Wall Street Journal
“ A search of more than a dozen books in my reference library uncovered a mention of the stepped-up basis in all, but only Estate Planning Basics...makes it clear that the basis of inherited property is adjusted up or down.” Florida Sun-Sentinel
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