Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Wednesday, September 21, 2016

Book on Inherited IRAs Now 50% Off

Inherited irasSeymour Goldberg’s book entitled, Inherited IRAs: What Every Practitioner Must Know, 2015 Edition is now 50% off. Provided below is a summary of the book:

Many taxpayers have accumulated considerable assets in their retirement accounts. These assets may be in their 401(k), or other types of qualified retirement plans.  Many will roll over their retirement assets from an employer-sponsored retirement plan into a rollover IRA without a full understanding of the implications to their beneficiaries. In these situations, oversight can result in a morass of penalties about which a less-informed practitioner may be completely unaware.

Inherited IRA’s: What Every Practitioner Must Know is your guide to understanding these rules and effectively implementing an estate plan that includes retirement assets, written especially for the legal practitioner. It includes more than 100 scenarios, questions, and answers that you will most likely encounter as a practitioner dealing with often complex retirement asset distributions.

Checklists, sample forms, and summaries of court rulings on inherited IRA cases provide you with additional tools and resources that will help you best assist your clients through what is often a difficult time in their lives.

This 2015 edition is updated to include all of the recent changes to the rules and regulations surrounding estate planning and retirement asset distributions that have been enacted over the past year.

 

September 21, 2016 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally | Permalink | Comments (0)

Newest Edition of Contemporary Trusts and Estates

Trusts and estatesSusan N. Gary, Jerome Borison, Naomi R. Cahn, & Paula A. Monopoli’s newest edition of Contemporary Trusts and Estates, Third Edition will be available for Spring 2017 classes. Provided below is a summary of the book:

This third edition casebook captures the rapid evolution of doctrine in trusts and estates law that has occurred over the past half-century in response to profound societal and demographic changes. Influenced by recent developments in legal education, this casebook integrates legal analysis, judgment and perspective, ethics, and practice skills. It focuses simultaneously on the theoretical foundations and practical applications of the material, teaching students by using traditional case analysis, and innovative exercises. 

Professors and students will benefit from: 

  • Reorganized coverage of Wills before Trusts, beginning with an overview of the familial relationships at the core of all trusts and estates.
  • Extensive textual explanations that present the law and its many nuances. 
  • The inclusion of practice skills and exercises in response to recent ABA requirements.
  • Fact-based problems that required students to explore cases, the UPC, UTC, and other statutes, as well as the MRPC, in depth.
  • Document drafting, role-playing, and letter-writing-to-clients exercises. 
  • Numerous updates including:  Post-Obergefell v. Hodges developments for same-sex families, additional material on decanting and the new Uniform Trust Decanting Act, inclusion of the Uniform Powers of Appointment Act, discussion of planning for digital assets, and the Incorporation of 2016 ACTEC Commentary on the Model Rules.

September 21, 2016 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Trusts, Wills | Permalink | Comments (0)

Thursday, September 15, 2016

Book on Trusts & Estates: Concepts & Insights

Leslie and sterkMelanie B. Leslie & Stewart E. Sterk recently published a book entitled, Leslie and Sterk’s Trusts and Estates, 3d (Concepts and Insights Series) (2016). Provided below is a summary of the book:

The Third Edition of Concepts and Insights on Trusts and Estates makes complex doctrinal rules easier to understand by exploring the history and rationale behind those rules. The analysis is thorough, and focuses both on common law doctrines and statutory reforms—with an emphasis on the Uniform Probate Code and the Uniform Trust Code. Each substantive chapter closes with a set of exam-like problems designed to test understanding of the material included in the chapter. The authors also include thorough solutions to each of these problems. This is the only book in the field that combines thorough doctrinal analysis with more than 60 review problems, each with complete solutions.

September 15, 2016 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Friday, August 19, 2016

Book on International Estate Planning

International estate planning book Barbara Hauser recently published a book entitled, International Estate Planning: A Reference Guide (Updated September 2015). Provided below is a summary of the book:

International Estate Planning: A Reference Guide, is a practical and authoritative resource for those seeking key information in the estate planning field. Practitioners and foreign advisers, whose clients have assets, children, parents or a spouse in other countries, or whose tax liabilities are difficult to define because of nationality, employment, or residence issues, and U.S. executives working in foreign countries will find straightforward, useful information in this guide. Equipped with a companion CD the appendix to the book contains copies of fillable tax forms and notices, relevant treaties and Hague conventions, as well as a list of organizations and resources to quickly help the reader obtain the answers they need. 


August 19, 2016 in Books, Books - For Practitioners, Estate Planning - Generally | Permalink | Comments (0)

Monday, July 18, 2016

Book on Estate Planning Guide for Qualified Retirement Plan Benefits

Retirement book Louis A. Mezzullo recently published a book entitled, An Estate Planner’s Guide to Qualified Retirement Plan Benefits, Fifth Edition (ABA Book Publishing). Provided below is a summary of the book:

This ABA bestseller has helped thousands of estate planners understand the complex rules and regulations governing qualified retirement plan distributions and IRAs. Now newly updated, An Estate Planner’s Guide to Qualified Retirement Benefits provides expert and current guidance for structuring benefits from qualified retirement plans and IRAs, consistently relating key distribution issues to current estate planning practice. Topics covered include:

  • The different types of qualified plans and the tax and non-tax rules relating to them
  • The forms of distribution and the situations in which they need to be considered
  • Penalty taxes
  • Distribution requirements and how to calculate them
  • Income taxation and handling rollovers
  • Transfer taxes
  • Spousal rights, QDROs, and community property considerations
  • Estate and trust administration issues
  • Practical planning strategies to avoid penalty and excise taxes on distributions while incurring the lowest income tax

July 18, 2016 in Books, Books - For Practitioners, Estate Planning - Generally, Estate Tax, Generation-Skipping Transfer Tax, Income Tax, Trusts | Permalink | Comments (0)

Wednesday, June 1, 2016

Book on Guide to Qualified Retirement Plan Benefits

Retirement book Louis A. Mezzullo recently published a book entitled, An Estate Planner’s Guide to Qualified Retirement Plan Benefits, Fifth Edition (ABA Book Publishing). Provided below is a summary of the book:

This ABA bestseller has helped thousands of estate planners understand the complex rules and regulations governing qualified retirement plan distributions and IRAs. Now newly updated, An Estate Planner’s Guide to Qualified Retirement Benefits provides expert and current guidance for structuring benefits from qualified retirement plans and IRAs, consistently relating key distribution issues to current estate planning practice. Topics covered include:

  • The different types of qualified plans and the tax and non-tax rules relating to them
  • The forms of distribution and the situations in which they need to be considered
  • Penalty taxes
  • Distribution requirements and how to calculate them
  • Income taxation and handling rollovers
  • Transfer taxes
  • Spousal rights, QDROs, and community property considerations
  • Estate and trust administration issues
  • Practical planning strategies to avoid penalty and excise taxes on distributions while incurring the lowest income tax

June 1, 2016 in Books, Books - For Practitioners, Estate Planning - Generally, Generation-Skipping Transfer Tax, Income Tax | Permalink | Comments (0)

Monday, April 25, 2016

New Book On Texas Jury Charges For Family And Probate Law

ArticleThe 2016 edition of Texas Pattern Jury Charges—Family & Probate has recently been published by Texas Bar Books and is now available. Provided below is a description of the book:

The assistance that this excellent resource offers extends beyond providing definitions, instructions, and questions useful for drafting charges in your jury trials. Many practitioners find it very helpful in preparing findings of fact and conclusions of law in nonjury cases and in identifying issues and evidence requirements in family and probate cases generally. Comments provide a ready reference to the source of each charge and instructions on when to use it.

Texas Pattern Jury Charges—Family & Probate digital product contains the entire book as a hyperlinked and word-searchable PDF file. All charge language is included as MS Word files linked to the comments for quick retrieval and assembly of jury charges. Texas and federal case citations are linked to the online version of the Casemaker Web Library. Texas and federal statute citations are linked to the main code section cited via Casemaker online.

April 25, 2016 in Books, Books - For Practitioners, Estate Administration | Permalink | Comments (0)

Friday, April 8, 2016

New Book On Texas Guardianship Laws

ArticleThe 3rd Edition of the Texas Guardianship Manual has recently been published by Texas Bar Books and is now available on their website. Provided below is a description of the book:

The newly revised and updated Texas Guardianship Manual is a valuable resource for lawyers administering guardianships. The manual is organized by the logical sequence of events occurring during the administration process. Each chapter contains a detailed table of contents; each contains practice notes concerning the topic of the chapter. The forms take up the greater part of most chapters. The uniform format of practice notes and forms is designed to enhance readability and ready reference and to accommodate easier word-processing use of the forms.

The 2015 supplement updates the Texas Guardianship Manual, to include a new chapter discussing public benefits available to help support the ward. The chapter provides a detailed overview of both means-tested and non-means-tested benefits as well as benefits available through the Department of Veterans Affairs. The chapter highlights implications for the guardianship process and planning options for accessing those benefits and includes a sample form for creating a qualified income trust.

April 8, 2016 in Books - For Practitioners, Guardianship | Permalink | Comments (0)

Tuesday, April 5, 2016

New Book On Trust And Estate Statutes

ArticlePictureMark L Ascher & Grayson M.. McCouch have written a new book entitled, Ascher and McCouch's Selected Statutes on Trusts and Estates, 2016, which is published by West Academic and will be released on April 18, 2016. Provided below are some details on the book:

This casebook statutory supplement meets the needs of students in basic and advanced courses on wills, trusts, decedents' estates, fiduciary administration, and future interests, providing a compendium of essential uniform act provisions and official comments. It covers a wide range of topics, including intestacy, wills, rules of construction, probate administration, nonprobate transfers, disclaimers, principal and income, prudent investments, perpetuities, trust formation and modification, spendthrift and discretionary trusts, trustee powers and duties, powers of appointment, and powers of attorney. The previous edition has been updated to include the newly Revised Uniform Fiduciary Access to Digital Assets Act (2015) and the newly promulgated Uniform Trust Decanting Act (2015).

April 5, 2016 in Books - For Practitioners, Trusts, Wills | Permalink | Comments (0)

Tuesday, March 29, 2016

New Book On Ethics In Elder Law

ArticleRoberta K. Flowers & Rebecca C. Morgan recently published a new book entitled, Ethics in the Practice of Elder Law, published by ABA Book Publishing. Provided below are some details about the book:

Authors Roberta K. Flowers and Rebecca C. Morgan offer a range of hypothetical situations, along with a series opening questions for each, followed by a discussion suggestions for analyzing and responding to the issue. These discussions offer a reliable framework for analyzing the ethical questions within the scope of the Model Rules and ancillary resources. The authors give readers the knowledge to determine which questions to ask in the representaiton. They refer to and discuss the 9 "C's" of elder law ethics:

  • Competency: where to find guidance
  • Client: who is the client
  • Confidentiality: keeping confidences
  • Conflicts of interest: who can the elder law attorney represent
  • Capacity: representing clients who have diminished capacity
  • Control: representing guardians
  • Complex fiduciary representation

 

March 29, 2016 in Books - For Practitioners, Elder Law | Permalink | Comments (0)