Wills, Trusts & Estates Prof Blog

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

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)

Saturday, April 1, 2017

Book on Estates in Land & Future Interests

Estates in landLinda H. Edwards recently published a book entitled, Estates in Land and Future Interests: A Step-by-Step Guide (5th ed. 2017). Provided below is a summary of the book:

Accessible and effective, Estates in Land and Future Interests: A Step-by-Step Guide is a user-friendly method for mastering a challenging area of property law.

In the Fifth Edition, Edwards highlights and clarifies key technical concepts in each chapter that can be confusing to many students. Similarly helpful, a new section at the end of most chapters reiterates specific terms and concepts that are indispensable to a thorough mastery of estates in land and future interests. Clear introductions, a host of visual aids, and the author’s process approach untangle and demystify every new term and transaction. Problem sets, study questions, and practice exercises—all available electronically for easy practice—actively engage students in learning estates in land and future interests, step by step.

Timely and innovative, Estates in Land and Future Interests features:

  • Complete, up-to-date coverage of the statutory and common law relevant to estates in land and future interests
  • Visual aids, text boxes, and smart teaching devices that illustrate and clarify estates in land and future interests—a potentially confounding topic within first year Property
  • A useful flow chart throughout the book that identifies the state of the title after a particular conveyance—to link estates to the future interests that follow them. (For easy reference, the complete chart appears on the inside back cover of the book.)
  • A process approach that describes transactions and analytical tasks as a sequence of manageable steps and stages
  • Lucid and succinct treatment, in a clean and uncluttered page design
  • Problem sets (with answers) and electronic practice exercises
  • Study Questions, with expanded explanations
  • A transparent organization that mirrors the coverage of estates and future interests in the leading property casebook
  • A Glossary of Terms in the appendix, for locating legal terms easily and quickly

April 1, 2017 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally | Permalink | Comments (0)

Monday, October 3, 2016

Book on Arbitration of Trust Disputes

Arbitration of trust disputeSI Strong recently published a book entitled, Arbitration of Trust Disputes: Issues in National and International Law (2016). Provided below is a summary of the book:

In recent years, numerous jurisdictions have seen a significant shift in thinking about whether and to what extent matters involving the inner workings of a trust - so-called 'internal' trust disputes between settlors, trustees, and beneficiaries - are amenable to arbitration. Not only are parties expressing an increased desire to minimize the cost and delay of hostile trust litigation, but courts and legislatures from around the world have begun to demonstrate an increased willingness to allow these sorts of disputes to go to arbitration. Indeed, legislation allowing internal trust arbitration now exists in a number of jurisdictions, while courts in other countries have begun to allow mandatory arbitration of these types of disputes even in the absence of subject-specific statutes. 

This book discusses recent and anticipated developments concerning trust arbitration in a variety of domestic and cross-border settings. In so doing, the text not only provides necessary information about the special nature of national and international trust arbitration, it also bridges the gap between trust law and arbitration law by bringing together authors with expertise in both fields. Furthermore, this book is the first to provide detailed and critical analysis of various institutional initiatives in the area of trust arbitration (including measures proposed by the American Arbitration Association, the American College of Trust and Estate Counsel, the English Trust Law Committee, and the International Chamber of Commerce) and to offer in-depth coverage of various national, international, and comparative issues, including the applicability of the New York Convention and the Hague Trust Convention to internal trust arbitration. As a result, this book is a must-have for specialists in both trust law and arbitration law.

 

October 3, 2016 in Books, Books - For Practitioners, Books - For the Classroom, Estate Planning - Generally, Trusts | Permalink | Comments (0)

Monday, September 26, 2016

Book on Mediation for Estate Planners

MediationSusan N. Gary recently published a book entitled, Mediation for Estate Planners: Managing Family Conflict (2016). Provided below is a summary of the book:

This book represents an important new resource for attorneys to assist clients in resolving--and avoiding--disputes in an estate planning practice.

Estate planners and elder law practitioners are increasingly aware of the availability of mediation as a tool for resolving family disputes. Probate courts around the country are increasingly interested in encouraging parties to try mediation before resorting to litigation. But by the time a dispute reaches the probate court, damage to family relationships may have already occurred.

Mediation for Estate Planners: Managing Family Conflict provides the basic tools to understand and employ mediation within an estate planning practice and appreciate the usefulness of these alternative dispute resolution processes.

A lawyer familiar with mediation can help clients resolve disputes in a way that accomplishes the client's personal as well as legal goals. Written by an experienced team of attorneys and mediators, Mediation for Estate Planners:

  • Supplies the basic tools to understand and employ mediation within an estate planning practice
  • Provides guidance for lawyers in recommending mediation to clients at an early stage so that families are able to resolve disagreements with less damage to personal relationships
  • Offers perspectives from both the mediator and the lawyer
  • Considers the range of specific applications for mediation, including its use at the planning stage and after death; use in guardianship and conservatorship; end of life decision-making; and more
  • Examines and explains the ways that mediation can help in family business succession planning, and much more!

Topics are organized in these sections for ease of use and reference:

  • Understanding the essential elements of mediation
  • Practical perspectives
  • Specific applications in the estate planning and administration context
  • Mediator as consultant: family business succession planning
  • Arbitration
  • Resources for practice, including a Tool Kit, bibliography, and more

 

September 26, 2016 in Books, Books - For Practitioners, Books - For the Classroom, Elder Law, Estate Planning - Generally | Permalink | Comments (0)

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)

Wednesday, February 18, 2015

New Book: Examples & Explanations Wills, Trusts, and Estates

Examples and explanations

I recently published the sixth edition of Examples & Explanations: Wills, Trusts, and Estates.  This book is a favorite among successful students and often recommended by professors.  By giving an extremely clear introduction to concepts, followed by realistic examples, any student can deepen their understanding of wills, trusts and estates.  Designed to complement the casebook, this Examples & Explanations gets right to the point in a conversational, often humorous style designed to help each student prepare for the exam at the end of the course. 

This unique, time-tested series is an invaluable tool to have.  This guide:

  • helps you learn new material by working through chapters that explain each topic in simple language
  • challenges your understanding with hypotheticals similar to those presented in class
  • provides valuable opportunity to study for the final by reviewing the hypotheticals as well as the structure and reasoning behind the corresponding analysis
  • quickly gets to the point in conversational style laced with humor
  • remains a favorite among law school students
  • is often recommended by professors who encourage the use of study guides
  • works with ALL the major casebooks, suits any class on a given topic
  • provides an alternative perspective to help you understand your casebook and in-class lectures

February 18, 2015 in Books, Books - For the Classroom, Estate Planning - Generally, Trusts, Wills | Permalink | Comments (0) | TrackBack (0)

Wednesday, November 26, 2014

Real Life Legal Books Available for Free Download December 1-3, 2014

Real_Life_LegalReal Life Legal publishes concise booklets designed to provide non-lawyers with straight-forward information on a variety of legal topics including several relevant to estate planning.

Real Life Legal is making these books available for free download from December 1 through December 3 of this year.  For more information, download their press release by clicking on this link.

November 26, 2014 in Books - For the Classroom | Permalink | Comments (0) | TrackBack (0)