Most Americans don't have a will. They avoid estate planning because they don't want to think about death or they think it's too complicated. But this easy-to-follow guide takes the mystery out of the process. This book shows readers how easy it can be to plan for security and peace of mind. Readers learn how to write a will, create an estate plan, designate executors, choose trusts, reduce tax liabilities, and distribute their assets. Other features include:
A glossary of legal terms
Advice for protecting families from creditors
Guidance for unmarried partners
The important role of charitable giving in your estate plan
This book provides sound advice for planning retirement and managing assets at any age and income level. It also includes completely new information on:
Updated tax, IRA, and Roth details
Charitable giving opportunities for reducing taxes and leaving a legacy
Instruction for keeping plans up to date as the readers age
An estate planning checklist