Preserving Your Wealth: A Guide to Colorado Probate & Estate Planning

Schmidt, L. William, Jr.

ISBN 10: 1932779213 / ISBN 13: 9781932779219

Published by Bradford Pub Co, 2005

About this Item

Very Good. Dust Jacket may NOT BE INCLUDED.CDs may be missing. SHIPS FROM MULTIPLE LOCATIONS.

Seller Inventory # ERICA82919327792132

Bibliographic Details

• Title: Preserving Your Wealth: A Guide to Colorado Probate & Estate Planning
• Publisher: Bradford Pub Co
• Publication Date: 2005
• Language: English
• ISBN 10: 1932779213
• ISBN 13: 9781932779219
• Binding: paperback
• Condition: Very Good
• Dust Jacket Condition: Dust Jacket Included
• Book Type: book

About this title

Synopsis

"Preserving Your Wealth is the finest document for understanding estate planning. Written for the layman, it is an educational tool to plan for the future. It is a 'must read'." - Walt Imhoff, Chair, Stifel, Nicolaus & Company, Inc. Preserving Your Wealth is a practical guide to understanding estate planning and probate in Colorado. Written by one of Colorado's leading estate planning attorneys, this book is for anyone-attorneys and non-attorneys alike-seeking an overview of the law dealing with the transfer of wealth during lifetime and at death. This popular and easy-to-read book provides answers to many common questions, such as: What is probate and what will it cost? Should I make a will? What should my will contain? Whom should I choose as a personal representative? What powers should be granted in a power of attorney? Should I have a prenuptial agreement? Preserving Your Wealth includes in-depth discussion on such topics as: How an estate is valued for tax purposes. The steps of estate administration. Planning to minimize federal estate taxes. Advance directives, including the health care power of attorney and the living will. Ways to reduce estate taxes by gift-giving. An explanation of estate tax credits. The tax effects of charitable contributions. Making and executing a will. The dangers of "homemade" wills. Using revocable and irrevocable trusts as estate planning tools. Transferring wealth through life insurance. Preserving and protecting the value of a farm or business at death. Custodial or long-term care and how to pay for it. Medicaid planning and Medicaid eligibility tests. How retirement benefits will be taxed after death.

From the Publisher

Key Features:

* How to plan your estate to help your family deal with probate
* Straightforward explanation of federal estate tax
* Using trusts in planning your estate (Yes, you can!)
* Powers of attorney and health-care directives
* Long-term care and Medicaid planning
* Glossary of probate and estate planning terms

Market/Audience:

An all-inclusive reference that demystifies the probate process by providing thorough explanations of the Colorado probate laws and important tax and estate planning considerations.