American Bar Association Guide to Wills and Estates, 4th Edition Everything You Need to Know about Wills, Estates, Trusts, and Taxes

The American Bar Association Guide to Wills and Estates, Fourth Edition, contains everything you need to know about planning an estate, preparing a will or trust, and minimizing inheritance taxes. It is organized in easy-to-follow chapters with sidebars containing tips, checklists, and key information.

The ABA Guide to Wills and Estateswill help you:

• Determine what to put in an estate plan
• Decide whether to prepare a will, trust, or living trust
• Avoid or reduce estate taxes
• Change plans if the law or your circumstances change
• Transfer property without a will with substitutes such as life insurance and joint tenancy
• Understand the benefits of living gifts and life insurance
• Choose an executor and trustee
• Guard against a will being contested

The Fourth Edition contains new information on a number of important topics of increasing interest to the public, including estate-planning planning issues relating to chronic illness, civil unions and same-sex marriage, elder abuse, incorporating religious beliefs into an estate plan, Roth IRAs, and digital assets.