Advising Families on Succession Planning - The High Price of Not Talking

Publisher: LexisNexis Canada
Format::  Book, 2
ISBN:: 9780433451129


The cost of litigating an estate matters can be enormous - both financially and emotionally. However, most estate litigation can be avoided with advance planning.

This new book will help you explain to clients the benefits (both financial and emotional) of developing an effective and comprehensive estate plan that includes consulting with intended beneficiaries as part of the process. It takes readers through the steps in the estate planning process, discusses how to prevent mistakes from happening, describes the circumstances in which estate plans are challenged, and takes them through a method by which the wishes of intended beneficiaries can be considered.

It is a book that you will want to give to clients as well as have on your bookshelf and in your reception area.

Coverage Includes

Featuring familiar real life scenarios to which clients can relate, the book is divided into three parts:

Part 1 - A Wills and Estates Primer

Part 2 - Why Estate Plans are Challenged - and What it Costs

Part 3 - The Family Conference Solution

Who Should Buy

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Table of Contents

Chapter 1 The high price of not talking
Part 1 - A Wills and Estates Primer
Chapter 2: What an estate plan should accomplish
Chapter 3: What is a will
Chapter 4: How to bulletproof your will
Chapter 5: The role of the executor
Chapter 6: The executor's income tax and accounting obligations
Chapter 7: The recreational property conundrum
Chapter 8: Taxes that arise on death
Chapter 9: Trusts
Chapter 10: Estate freezes
Chapter 11: Powers of attorney
Part 2 - Why Estate Plans are Challenged - and What it Costs
Chapter 12: Ten most frequent causes of estate litigation
Chapter 13: The legal process and its costs
Part 3 - The Family Conference Solution
Chapter 14: The Family Constitution
Chapter 15: Before the conference
Chapter 16: At the conference
Chapter 17: If family members won't approve your plan
Chapter 18: After the conference
Chapter 19: Conclusion

Ian Hull

Ian M. Hull is a partner of the firm Hull & Hull. He practices in the area of estates, trusts, and capacity litigation. He has written numerous papers and books and is the co-author of Probate Practice, 4th Edition (Carswell, 1996). He is a member of the Editorial Advisory Board of the Canadian Estate Administration Guide, a Fellow of the American College of Trusts and Estates practitioners and an Associate Editor of the Estates and Trusts Reports.

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