Wills, Trusts & Estates Prof Blog

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

Friday, June 15, 2018

Book on Selected Statutes on Trusts and Estates, 2018

Statute bookMark L. Ascher & Grayson M.P. McCouch recently published a a book entitled, Selected Statutes on Trusts and Estates, 2018 ed. (2018). Provided below is some information about 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; probate administration; nonprobate transfers; disclaimers; principal and income; prudent investments; perpetuities; trusts (including trust decanting and directed trusts); powers of appointment; and powers of attorney. The previous edition has been updated to include the recently-promulgated Uniform Directed Trust Act and related conforming amendments.

June 15, 2018 in Books - For Practitioners, Estate Planning - Generally, Guardianship, Intestate Succession, Non-Probate Assets, Trusts, Wills | Permalink | Comments (0)

Tuesday, April 24, 2018

Book on Wills, Trusts, and Estates, Tenth Edition

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-04-24/d1241ed4-94b9-4188-b872-29f3e7db1ed7.pngRobert H. Sitkoff and the late Jesse Dukeminier recently published a book entitled Wills, Trusts, and Estates, Tenth Edition. This updated edition features a new section on digital wills, trust decanting, as well as updated and expanded coverage relating to wealth and income inequality.

Special thanks to Rachael Wisner for bringing this article to my attention.

April 24, 2018 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally | Permalink | Comments (0)

Friday, March 2, 2018

Wills Road Map: Practical Considerations in Will Drafting, 3rd ed. 

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-03-01/8be0ed7e-627e-4976-9c74-492387f50c40.pngSteve R. Akers, Bernard E. Jones, & R. J. Watts, II, with 3rd edition update by Casey A. Barthel, recently published a book entitled, Wills Road Map: Practical Considerations in Will Drafting, 3rd ed. (2018). Provided below is some information about the book:

Wills Road Map: Practical Considerations in Will Drafting began life as the well-known paper “Anatomy of a Will” from the TexasBarCLE seminar “Building Blocks of Wills, Estates and Probate.” Intended for both general practitioners who occasionally prepare wills for their existing clients as well as for experienced estate planning attorneys, Wills Road Map brings together legal concepts from wills, probate, and trust law to provide expert guidance in properly assembling a will.

Featuring a basic discussion of estate tax planning, with a focus on various state law issues, Wills Road Map also addresses principles that can affect the will beyond the language of the will itself. Other subjects include doctrines affecting the validity of the will and a review of the legal significance and effect of numerous specific wills provisions.

The new third edition of Wills Road Map reflects legislative changes from the regular session of the Eighty-fifth Legislature, as well as case law changes. Other updates include a new discussion about digital assets and revised sample wills. Finally, the third edition adds the following:

  • Client intake questionnaires
  • Self-proving affidavits
  • Access to over 20 TexasBarCLE articles of interest in the digital download
  • A will execution ceremony checklist

The Wills Road Map: Practical Considerations in Will Drafting Digital Download is included with purchase and may also be purchased separately. The digital download contains the entire book as a hyperlinked and word-searchable PDF file. All tables of contents, cross-references, and indexes are linked to substantive text within the file. Texas and federal case and statute citations are linked to online versions in the Casemaker Web Library.

March 2, 2018 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Wills | Permalink | Comments (0)

Monday, February 26, 2018

Book on Guide to the New World of Taxes

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-02-26/8f52879e-2378-4a22-ad24-a955fab8040e.pngLaura Saunders, Richard Ruben, & The Wall Street Journal Staff recently published a book entitled, Guide to the New World of Taxes (2018). Provided below is some information about the book:

ABOUT THE OFFER

How much money will you keep in your pocket in 2018? Navigate the biggest tax overhaul in 30 years as The Wall Street Journal brings you this handy e-book that helps you understand what the new tax laws mean for you, your company and the country.

Compiled by trusted WSJ reporters and editors—stay informed on the changes and what families, homeowners, retirees, investors, professionals and small-business owners need to know.

What's Covered?

The Big Picture

  • Tax Rates and Brackets
  • Standard Deduction and Personal Exemption
  • Child and Dependent Tax Credits
  • Withholding
  • Taxes on Investment Income
  • Alternative Minimum Tax
  • Individual Mandate
  • Home-Sellers’ Exemption
  • The Marriage Penalty
  • Estate and Gift Tax

Deductions

  • State and Local Tax Deductions
  • Mortgage-Interest Deduction
  • Charitable-Donation Deductions
  • Medical-Expenses Deduction
  • Alimony
  • Other Deductions

Retirement and Education

  • Retirement Savings
  • Retiree Tax Issues
  • 529 Education Savings Accounts
  • Other Education Tax Benefits

For Business Owners

  • Pass-Through Income
  • Debt Interest Payments
  • Depreciation

The Tax Landscape

  • Political Path of Tax Overhaul
  • The Economic Impact
  • What Investors Need to Know
  • The Overhaul and Your Industry

ABOUT THE JOURNAL REPORT

You can now purchase a special printing on high-quality paper of The Wall Street Journal "Guide to the New Tax Law" for $8, plus free shipping. The newspaper section is a very popular and timely item-by-item look at the law's changes, and what they mean for individuals and businesses. To purchase, click here.

Note: The e-book was updated on Feb. 13 to reflect the following correction. The tax overhaul didn't repeal the deduction for gambling losses on Schedule A. An earlier version of the e-book incorrectly reported the deduction had been repealed. 

On Feb. 15, the e-book was updated to reflect the following correction. In a hypothetical example of a person refinancing an existing mortgage of $800,000 for $900,000, with the additional $100,000 taken as cash, the National Association of Realtors said that the person could deduct interest only on $800,000 of the refinancing. In the earlier version, the NAR incorrectly said that none of the interest on the $900,000 refinancing would be deductible.

 

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.) for bringing this article to my attention.

February 26, 2018 in Books, Books - For Practitioners, Current Events, Estate Planning - Generally, Estate Tax, Generation-Skipping Transfer Tax, Gift Tax, Income Tax, New Legislation | Permalink | Comments (0)

Wednesday, February 21, 2018

Book on McGovern & Hirsch California Probate Code Annotated, 2018 ed. (California Desktop Codes)

image from https://s3.amazonaws.com/feather-client-files-aviary-prod-us-east-1/2018-02-21/6da01281-507e-479b-8f29-6411a8a8a3fb.pngAdam J Hirsch & William M. McGovern, Jr. recently published a book entitled, McGovern & Hirsch California Probate Code Annotated, 2018 ed. (California Desktop Codes) (2018). Provided below is some information about the book:

Your comprehensive resource for probate law and estate planning in California, McGovern & Hirsch California Probate Code Annotated provides the complete text of the California Probate Code, related state and federal statutes, and rules of court regarding estate planning and probate.

This volume contains:

  • Authoritative commentary, annotations, and analysis of leading cases
  • Law Revision Commission editorial notes that provide additional guidance in the construction and application of particular sections
  • References to Witkin's Summary of California Law, 10th which direct you toward further research
  • A table of Judicial Council forms to help you identify forms to be used in conjunction with the statutes and rules
  • A table of cases illustrating the cases discussed in the author's commentary
  • A table of affected sections indicating recent modifications
  • Underlining to indicate additions or changes in statutes
  • Asterisks to indicate deletions

February 21, 2018 in Books, Books - For Practitioners, Books - For the Classroom, Estate Administration, Estate Planning - Generally | Permalink | Comments (0)

Monday, November 13, 2017

Article on Book Review: Mother. Orator. Woman Suffrage Leader: The Feminist Legacy of Elizabeth Cady Stanton

JL_Wonder_WomanPaula A. Monopoli recently posted an Article entitled, Book Review: Mother. Orator. Woman Suffrage Leader: The Feminist Legacy of Elizabeth Cady Stanton, Wills, Trusts, & Estate Law eJournal (2017). Provided below is an abstract of the Article:

Tracy Thomas’s new book, Elizabeth Cady Stanton and the Feminist Foundations of Family Law, provides extensive support for the claim that Stanton was “the intellectual giant of the [women’s rights] movement.” In this eminently readable yet deeply substantive work, Professor Thomas argues that Stanton was a foundational theorist for modern feminism. Until recently, Stanton’s intellectual contributions have not been widely explored, and Thomas aims to rectify that oversight. She situates Stanton in her rightful place by focusing on Stanton’s writings and advocacy in the area of family law. Thomas does a persuasive job, using Stanton’s views on marital property law, divorce, voluntary and involuntary maternity, and the custody of children as a lens through which to examine broader themes about women’s status as equal citizens in our republic. She also documents Stanton’s intellectual contributions in a way that informs current debates about gender equality.

November 13, 2017 in Articles, Books - For Practitioners, Estate Planning - Generally | Permalink | Comments (0)

Friday, November 3, 2017

Book on Cunningham and Cunningham's The Logic of The Transfer Taxes: A Guide to the Federal Taxation of Wealth Transfers

2289754Laura E. Cunningham & Noel B. Cunningham recently published a book entitled, Cunningham and Cunningham's The Logic of The Transfer Taxes: A Guide to the Federal Taxation of Wealth Transfers (2017). Provided below is a summary of the book:

The Logic of the Transfer Taxes: A Guide to the Federal Taxation of Wealth Transfers, offers a broad survey of the federal transfer tax system. It thoroughly covers all of the fundamental rules of the gift, estate and generation skipping transfer taxes and provides numerous illustrative examples. It also offers a glimpse of some popular tax planning techniques, including FLPs, GRATS and IDGT’S, and the Special Valuation Rules of Chapter 14. It is appropriate for use as a coursebook for a two or three credit JD or LLM course, or as a reference for newcomers to the area. Teachers using the book as a principal text will have access to a related Problem Set and Teacher’s Manual.

November 3, 2017 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Estate Tax, Generation-Skipping Transfer Tax, Gift Tax, Trusts | Permalink | Comments (0)

Tuesday, April 25, 2017

Book on International Trust Laws

International trust lawsPaolo Panico recently published a book entitled, International Trust Laws (2d ed. 2017). Provided below is a summary of the book:

  • Compares trust law across a number of jurisdictions, providing the reader with references to offshore case law legislation and case law that is often inaccessible.
  • Covers law and practice in leading trust centres such as Jersey, Guernsey, the Cayman Islands, the Bahamas, and the Isle of Man, with examples drawn from a wealth of other jurisdictions including New Zealand, Dubai, Mauritius and the Cook Islands.
  • Provides detailed analysis of common law and the recognition and circulation of trusts in civil law jurisdictions where trusts are practised under the Hague Trust Convention.
  • Includes discussion of offshore and onshore trust jurisdictions.
  • The book can be used either with a focus on a particular jurisdiction, analyzing its trust law in relation to those of other jurisdictions; or with a focus on a particular topic, such as settlor's reserved powers, beneficiaries' rights to information, or protector's duties, illustrated by approaches from various trust jurisdictions.

April 25, 2017 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Thursday, April 20, 2017

Book on Trusts & Estate Planning in Israel

Israel trusts and estatesAlon Kaplan recently published a book entitled, Trusts and Estate Planning in Israel (2016). Provided below is a summary of the book:

Trusts and Estate Planning in Israel traces the trust concept in Israel and its use for private and commercial purposes under current Israeli trust law. The creation of trusts by law, by contract, by Hekdesh deed (an Israel trust) and testamentary trusts are analysed. Estate planning using the Hekdesh or testamentary trust and its tax implications, public and charitable trusts are explored, and special attention is given to trust protectors, privilege and confidentiality, court jurisdiction, arbitration, taxation and foreign trust recognition.

April 20, 2017 in Books, Books - For Practitioners, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Monday, April 17, 2017

Book on Statutes on Trusts & Estates

Selected statuteMark L. Ascher & Grayson M.P. McCouch recently published a book entitled, Selected Statutes on Trusts and Estates (2017). Provided below is a summary of 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 amendments to the Uniform Probate Code, the Uniform Custodial Trust Act, and the Uniform Power of Attorney Act.

April 17, 2017 in Books, Books - For Practitioners, Estate Administration, Estate Planning - Generally, Trusts, Wills | Permalink | Comments (0)