The Tools & Techniques of Estate Planning, 18th Edition

Stephan R. Leimberg, L. Paul Hood, Jr., Jay Katz, Edwin Morrow, and Martin M. Shenkman

ISBN: 978-1-945424-46-5

Product #: 2850018

Format: Paperback, 8 ½” x 11 “, 638 pages

Pub. Date: July 2017

Price: $175.00


About the Book


The 18th Edition of The Tools & Techniques of Estate Planning provides the tools and techniques that every estate planner, financial planner and insurance professional needs to help their clients preserve their assets under current law. In addition to everything that made the first seventeen editions so effective and popular, this new edition delivers enhancements and seven new chapters covering:

  • Data Gathering and Analysis
  • Human Side of Estate Planning
  • Trusts in General
  • Death Tax Apportionment
  • State Death Taxes
  • Inter Vivos QTIP Trusts
  • Estate Planning with Qualified Plans and IRAs
  • Planning for Unmarried Partners
  • Prenuptial Agreements
  • Estate Planning for Blended Families
  • And much more!

All relevant legislative changes are applied throughout. In these pages you’ll also find reliable, practice-based analysis of hundreds of recent cases and rulings. And every area of estate planning analysis is filled with insights into how the new legislative landscape impacts specific areas of your estate-planning practice, helping you to help your clients make the best decisions for themselves and for their families. 

Table of Contents


Part 1

Chapter 1

Chapter 2

Chapter 3

Chapter 4

Chapter 5

Chapter 6

THE PURPOSE AND PRACTICE OF ESTATE PLANNING

Overview of Estate Planning

Data Gathering and Analysis and Initial Client Interview

Human Side of Estate Planning

The Unauthorized Practice of Law

Ethics — a Practical Guideline

Malpractice in Estate Planning

PART 2

Chapter 7

Chapter 8

Chapter 9

Chapter 10

Chapter 11

Chapter 12

Chapter 12

Chapter 13

Chapter 14

Chapter 15

Chapter 16

OWNERSHIP AND TRANSFER OF PROPERTY

Ownership and Transfer of Property

Gifts

Uniform Gifts/Transfers to Minors Act

Wills

How to Review a Will: A Checklist for the Estate and Financial Planner

Power of Appointment

Planning for Special Needs

Disclaimers

Selection of Executor, Trustee and Attorney

Probate and Trust Administration

Executor’s Primary Duties

Part 3

Chapter 17

Chapter 18

Chapter 19

Chapter 20

Chapter 21

Chapter 22

Chapter 23

Chapter 24

TAXES

Estate Tax

Extensions of Time to Pay Estate Tax

Gift Tax

Generation-Skipping Tax

Federal Income Tax Issues

Post-Mortem Tax Elections

Death Tax Apportionment and Estate Tax Reimbursement

State Death Taxes

Part 4

Chapter 25

Chapter 26

Chapter 27

Chapter 28

Chapter 29

Chapter 30

IRREVOCABLE TRUSTS

Marital Deduction and Bypass Trusts

Section 2503(b) and 2503(c) Trusts

Grantor Retained Interest Trusts (GRIT, GRAT, GRUT, QPRT)

Intentionally “Defective” Trust

Tax Basis Irrevocable Trusts

Inter Vivos QTIP Trusts

PART 5

Chapter 31

Chapter 32

LIFE INSURANCE

Life Insurance

Irrevocable Life Insurance Trusts

PART 6

Chapter 33

Chapter 34

Chapter 35

CHARITABLE GIVING

Charitable Contributions

Charitable Split Interest Trusts

Conservation Easement Exclusion

PART 7

Chapter 36

Chapter 37

Chapter 38

Chapter 39

Chapter 40

Chapter 41

Chapter 42

Chapter 43

Chapter 44

Chapter 45

Chapter 46

Chapter 47

Chapter 48

INTRAFAMILY AND OTHER BUSINESS TRANSFER TECHNIQUES

Intra-Family Loans

Installment Sales and SCINS

Private Annuity

Interest-Free and Below Market Rate Loans

Split Interest Purchases of Property (SPLIT)

Sale (Gift) — Leaseback

Buy-Sell (Business Continuation) Agreements

Section 303 Stock Redemptions

Family Limited Partnerships

Incorporation

Limited Liability Companies

Personal Holding Company

S Corporation

PART 8

Chapter 49

Chapter 50

Chapter 51

Chapter 52

Chapter 53

Chapter 54

PLANNING FOR EMPLOYEE BENEFITS AND RETIREMENT

Deferred Compensation (Nonqualified)

Employee Stock Ownership Plan

Individual Retirement Plans (and SEPs)

Profit Sharing/401(4)/Pension Plan

Survivor’s Income Benefit Plan

Planning with IRAs and Qualified Retirement Plans

PART 9

Chapter 55

Chapter 56

Chapter 57

Chapter 58

Chapter 59

Chapter 60

Chapter 61

HUMAN ASPECTS OF ESTATE PLANNING

Planning for Aging and Health Challenges

Durable Power of Attorney

Health-Care Documents

Revocable Trusts

Planning for Unmarried Partners

Marriage Contracts and Property Agreements

Representing Blended Families for Estate Planning

PART 10

Chapter 62

Chapter 63

Chapter 64

Chapter 65

VALUATION ISSUES

Planning for Digital Assets

Valuation Planning

Freezing Techniques — Corporations and Partnerships

Non U.S. Persons in the Estate Plan

APPENDICES AND INDEX

Appendix A

Appendix B

Appendix C

Appendix D

Appendix E

Tax Rates and Credits

Working with the IRS Valuation Tables

Anatomical Gifts

Internet in Estate Planning

Planning Consideration Flowcharts

INDEX

And, as with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of estate planning and confidently meet their needs.

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Academic support materials are not approved for use in filing state Continuing Education courses. Tools & Techniques publications are filed for CFP® and state Continuing Education credits. To view the full course list,as well as hours please click on the CE Course and E Learning link under Resources in the menu bar. All Trademarks belong to their respective owner. Certified Financial Planner Board of Standards Inc. owns the marks of CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP (with flame logo) ® in the U.S., which it awards to individuals who successfully complete initial and ongoing certification requirements.