These days, just about everyone should be doing some amount of estate planning. This is especially true for the millions of baby boomers with families and substantial assets that could go to the IRS in the absence of a solid plan for minimizing estate taxes. With Federal taxes having the potential to take 60% of a person's estate, estate plainly cannot be ignored.
If you are age 45 or older, this book tells you everything you need to know to plan your own estate or that of your parents. This book deals with traditional estate planning techniques as well as some alternative techniques that consider non-traditional goals such as providing for a stepchild's inheritance and how to educate your parents on providing for their grandchildren. It includes worksheets, budget allocations, and scenario portfolios illustrating planning techniques suited for each situation.
