International Estate Planning in Plain English: A Multistate and Multinational Practitioner's Guide to Domestic and Treaty-Based International Estate Planning Techniques

John Anthony Castro

ISBN 10: 1795444282 / ISBN 13: 9781795444286

Published by Independently published, 2019

About this Item

145 pages. 7.81x5.06x0.35 inches. In Stock.

Seller Inventory # zk1795444282

Bibliographic Details

• Title: International Estate Planning in Plain English: A Multistate and Multinational Practitioner's Guide to Domestic and Treaty-Based International Estate Planning Techniques
• Publisher: Independently published
• Publication Date: 2019
• Language: English
• ISBN 10: 1795444282
• ISBN 13: 9781795444286
• Binding: Paperback
• Condition: Brand New
• Weight: 0.22 kilograms

About this title

Synopsis

Estate planning arranges for the transfer of an individual's estate at the time of death. An estate consists of all property owned at death before it is distributed by will, trust, or intestacy laws. An estate may contain both real property (real estate, including houses and investment properties) and personal property (all other property, including bank accounts, securities, jewelry and automobiles). Typically, the process of estate planning involves extensive consultation with a number of professional advisors, including lawyers, financial counselors, accountants and life insurance representatives.Estate planning benefits those with large estates, as well as those with modest assets. Creating an estate plan ensures that all property will be distributed according to the personal wishes of the deceased, and that those who are benefiting from the estate receive the largest distribution possible with a minimum amount of delay. Specifically, estate planning allows an individual to decide exactly who will benefit from their estate, and to what extent. Estate planning also ensures that the estate will not be destroyed by taxes imposed on the transfer of assets at death. In addition to providing financial security, estate planning encourages individuals to make important decisions, such as appointing a guardian for minor children, choosing healthcare preferences, and securing funeral arrangements.