NEW JERSEY ESTATE PLANNING MANUAL: THEORY, PRACTICE & FORMS (2007)
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Formerly known as Walter Kane’s New Jersey Will and Trust Forms Manual (The Blue Books)
Featuring CD-ROM with sample formsWritten by Glenn A. Henkel, Esq.
Editor and Contributing Authors: Gerard G. Brew, Esq.; Steven K. Mignogna, Esq.
GLENN A. HENKEL, ESQ. J.D., LL.M., CPA, A.E.P.
STEVEN K. MIGNOGNA, ESQ.
GERARD G. BREW, ESQ.
“This is one of the most comprehensive and well-presented tools that I’ve ever come across in my constant utilization of research products. As a CPA, I’ve reviewed and used many estate planning materials. The quality of this manual exceeds the excellent materials that are the hallmark of the Heckerling Institute. A valuable tools for both attorneys and CPAs!”
Debra M. Simon, CPA, MST
NJSCPA Tax Group Leadership
Surgent McCoy Estate Tax Discussion Leader |
WHY YOU NEED THIS BOOK…
“Estate planning” is the process of arranging one’s affairs to pass property to “heirs” with the least amount of aggravation and stress. “Probate” is a state-specific process and, while the New Jersey probate process is relatively simple, the New Jersey Probate Code was significantly modified in 2005. Moreover, the nuances of the New Jersey Estate Tax raise special planning issues in New Jersey and this new volume features an entire new chapter on Planning for the New Jersey Estate Tax.
This comprehensive 2-volume set updates and expands the late Walter Kane’s popular New Jersey Will and Trust Forms Manual (The Blue Books), used by thousands of practitioners across the state. Three of New Jersey’s most authoritative estate practitioners discuss in detail a wide range of issues that New Jersey estate planners should consider when counseling clients in estate and tax planning. Glenn A. Henkel, Esq., the manual’s primary author, was one of the leaders in the movement to upgrade the Probate Code with extensive changes that became effective February 27, 2005. Finally, retirement accounts present a significant portion of the asset base for planning for clients in suburban New Jersey, and there is also an entire new chapter devoted to Planning With Retirement Accounts.
CONTENTS-AT-A-GLANCE
Chapter 1
Introduction & Ethical Issues
Introduction - Ethical Issues –Circular 230 Tax Issues
Chapter 2
Process & Information Gathering
Information Gathering Phase - Client Education Phase - Decision-Making Phase –Document Preparation and Review
Chapter 3
Basic Estate Planning
Wills –Trusts – Life Insurance –Estate Planning Under the New Jersey Domestic Partnership Act –Asset Protection Planning – Basic Forms
Chapter 4
Planning for the New Jersey Estate Tax
The New Jersey Estate Tax – Planning for the New Jersey Estate Tax - The New Jersey Inheritance Tax – Liens – Regulations – Forms
Chapter 5
Planning with Retirement Accounts
Lifetime Planning for IRA and Qualified Pension & Profit Sharing Plans – Distributions After Death – Planning for Qualified Plan Distributions – Post-Mortem Planning Options
Chapter 6
Planning for the Federal Estate Tax
Federal Estate Tax: An Overview – The New Un-unified Estate and Gift Tax System – Post-Year 2010 Carryover Basis – Federal Gift Tax – Transfers Not Subject to Estate Tax – Planning for the Estate Tax - Forms
Chapter 7
Other Planning Considerations
Powers of Attorney – Advance Directives for Health Care –
Life Insurance Trusts - Forms
Chapter 8
Planning for the Generation-Skipping Tax
Basics of the GST Tax – History of Dynasty Trusts and the Generation-Skipping Transfer Tax – Transfers Subject to GST Tax &ndash
Audio Package Credits