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In an easy-to-read and easy-to understand question-and-answer format, A Parent’s Guide to Wills & Trusts spells out concisely and compassionately what all parents and grandparents need to know about wills, trusts and estate planning.
Here’s the one book you need before and during the times you consult with a lawyer, financial planner, CPA, banker and life insurance agent.
Topics include such sensitive issues as how to:
• Leave money the right way to your minor children, adult children and your grandchildren
• Meet your children’s special needs
• Make sure you don’t accidentally shortchange a child
• Leave enough to raise and educate your children
• Select a guardian to raise your children
• Minimize or eliminate death and income taxes
• Avoid probate, use living trusts and reduce legal fees
• Avoid family disputes
• Do special planning as a divorced parent
• Do special planning if you have children from a prior marriage
• Choose the right asset management people including an executor, a trustee, a guardian and an attorney-in-fact
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