Estate Planning and Administration

This publication takes a highly practical approach to teaching estate planning and administration by presenting the process from start to finish as it applies to three fictional families with various planning needs. The material is presented logically and allows readers to test their knowledge after each chapter and in a cumulative manner. It places emphasis on the practical concerns of drafting estate planning documents, and it provides numerous examples of such documents for the reader to review and relate to the fictional families? situations. Not only does it present the step-by-step process of traditional estate administration, it offers some alternatives to full administration. Sample documents, case briefs, discussions of ethical issues, and recommended Web sites for further study round out this valuable learning tool and desk reference.

Inside the Minds Estates & Trusts is a guide for attorneys and their clients on the best methods for structuring tailored estate plans that will meet the individual's goals. The six seasoned attorneys in this book offer their insightful perspectives on everything from the first steps in identifying individual objectives to the ultimate administration of an estate plan, and all of the important dos and don?ts in between. Covering a wide array of topics ranging from living wills and powers of attorney to charitable trusts and business successions, the authors in this book discuss the substantive financial and tax issues in estate planning, as well as the intangible elements of leaving behind a meaningful legacy. Readers will learn of new and upcoming developments in the law, the pros and cons of standard estate planning vehicles, and lesser-known structuring options they may not have previously considered.

Estate planning - Estate planning is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries, often including paying the least amount of taxes.

Isothermal Planning and Development Commission - The Isothermal Planning and Development Commission is one of the 17 regional North Carolina Councils of Governments (Region C) established by the North Carolina General Assembly for the purpose of regional planning and administration. Headquartered in Rutherfordton, North Carolina, it serves Polk, Rutherford, McDowell, and Cleveland counties.

Society of Trust and Estate Practitioners - STEP (the Society of Trust and Estate Practitioners) is the professional body for workers in the trust industry and the (often overlapping) field of estate administration. Its members are mainly solicitors, barristers, attorneys, accountants, trust officers and trust administrators as well as banking and insurance professionals in the trust field.

Letters of Administration - Letters of Administration are granted by a court or probate registry to appoint appropriate people to deal with a deceased person's estate where property will pass under Intestacy Rules or where there are no executors living (and willing and able to act) having been validly appointed under the deceased's will.

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