Synopsis
This important guide walks readers step-by-step through the entire estate planning process, and provides scores of plans for a variety of situations to help readers reduce, defer, or climinate taxes. Includes timesaving forms, worksheets, and checklists.
Review
The revised 60 Minute Estate Planner, by nationally recognized author and speaker Sandy F. Kraemer is a complete guide to protecting the financial future of your heirs. Updated to include tax-law changes approved by Congress for the years 1998 through 2006, this easily followed handbook is divided into three sections. The first explains why such a plan is needed, lays out the information that must be gathered to adequately prepare one, and discusses how professional assistance might be utilized in its creation. The second examines all of the components--such as living trusts, IRAs, life insurance, and annuities--that are involved. And the third offers suggestions for developing a plan that meets your specific values and goals. "You can't take your money, possessions, land, love, or even your body with you when you die," Kraemer writes. "Have you thought about what you are going to do with them? Remember, what is given and received, as well as how and when it is done, makes and breaks children, parents, relatives, and friends. Planning is an opportunity to show you care." With its incisive advice, clear language, functional checklists, and useful graphics, this manual actually can help you get there from here. --Howard Rothman
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