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Plan Now or Pay Later: Judge Jane's No-Nonsense Guide to Estate Planning
 
 
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Plan Now or Pay Later: Judge Jane's No-Nonsense Guide to Estate Planning [Paperback]

Jane B. Lucal (Author)
5.0 out of 5 stars  See all reviews (2 customer reviews)


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Book Description

1576600793 978-1576600795 June 2001 1
Too little, too late! Everyone regrets missing the boat now and then. But when it comes to estate planning, too little, too late means less -- often a lot less -- for your heirs. That's where this straightforward, easy-to-use guide comes in. Judge Jane Lucal meshes her years of experience as a probate judge with sound financial planning concepts. Having seen every mistake imaginable firsthand in the courtroom, she helps families anticipate the pitfalls of estate planning and capitalize on the slew of techniques that can maximize the transfer of wealth from generation to generation.

In down-to-earth, straightforward language, the book explains why estate planning is so important, how you can calculate your net worth, and what asset protection options you can apply to your own situation. Judge Jane explains her "cornerstone concepts", the five basic questions you need to ask yourself about your estate plan.

The book highlights real-life tales from the courtroom to illustrate Judge Jane's practical approach to estate planning. It shows readers how to integrate financial and legal planning for long-term positioning that translates into real money accumulated over the years. The author also offers insights on preparing for unforeseen events by building flexibility into the plan.


Editorial Reviews

Review

"Gives all that's needed to plan and organize an estate. It's like having a consult with an experienced estate attorney." -- Robert Clofine, Certified Elder Law Attorney

"Judge Jane's straightforward step-by-step approach to estate planning makes it easy for anyone to take control." -- Ginita Wall, CPA,CFP, Financial Guidance, Forensic Accounting, Women's Institute for Financial Education

"Your will and estate planning are your last conversation with your family. This book will help you frame that conversation." -- Judith A. Shine, President, Shine Investment Advisory Services, Inc.

About the Author

Jane B. Lucal has presided over hundreds of cases as a probate judge in which she has seen both good and bad estate plans. Prior to her decade-long tenure serving as Judge of the Common Pleas Court, Probate Division, for Erie County, Ohio, she was in private practice and served as Assistant Prosecuting Attorney. Judge Lucal's writings have appeared in many professional publications, including The National Law Journal. She currently teaches, writes, and lectures about various aspects of estate planning.

Product Details

  • Paperback: 272 pages
  • Publisher: Bloomberg Press; 1 edition (June 2001)
  • Language: English
  • ISBN-10: 1576600793
  • ISBN-13: 978-1576600795
  • Product Dimensions: 9.2 x 7.1 x 0.7 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
  • Amazon Best Sellers Rank: #3,621,437 in Books (See Top 100 in Books)

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Average Customer Review
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Highly Recommended!, April 8, 2002
This review is from: Plan Now or Pay Later: Judge Jane's No-Nonsense Guide to Estate Planning (Paperback)
Jane B. Lucal, a probate judge in Erie County, Ohio, describes how to implement early estate planning in order to make the best financial choices for yourself and your family. She begins by discussing the need for estate planning based on identifying your goals and your net worth. She suggests ways to preserve your estate while taking state laws into consideration. Lucal discusses the probate process and helps you prepare for it. One by one, she explains various estate planning tools, such as annuities, charitable donations, gifts, insurance, retirement plans, stocks, bonds, mutual funds, wills, property deeds, trusts and disability planning. getAbstract appreciated her wrap-up of seven key steps for setting up your own estate plan. The bigger your assets, the more you need this book. (Note: the legal nature of this information means the book is probably useful only for those living in the United States.)
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3 of 3 people found the following review helpful:
5.0 out of 5 stars Win Win Investment, January 10, 2002
By A Customer
This review is from: Plan Now or Pay Later: Judge Jane's No-Nonsense Guide to Estate Planning (Paperback)
I have spent a lot of money and time with attorneys,etc. to put together a sound and productive estate plan. As an octogenarian, I don't have much time to maneuver and so reading JUDGE JANE'S "Plan Now or Pay Later" convinces me that younger people have an advantage of a book about a very complicated(made so by many in the profession)matter which is nevertheless of importance to every living person. The "case study" feature of this book is unique and the best learning tool I have seen.After all these years, my eyes were opened and my understanding enhanced. YOUNG PEOPLE-for around twenty bucks don't miss this opportunity to put and keep your affairs in order. This is a win win investment!
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Inside This Book (learn more)
First Sentence:
WE AMERICANS PRIDE OURSELVES on taking care of our financial affairs-our cheekbooks, savings accounts, investments, and company retirement benefits. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
life estate deed, probate assets, marital deduction trust, probate states, probate process, spousal property, estate proceedings, estate planning goals, statutory share, good estate planning, community property states, net worth statement, fiduciary must, estate planning purposes, avoiding probate, health care decisions
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Uniform Probate Code, New York, Miss Kelly, John James Jones, Time Frame, Uncle Clem, Long-Term Debt Residence, Minors Act, One Month, Property Assets Residence, Uniform Transfers, Julia Anderson, Bloomberg Press
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