Family Money: Using Wills, Trusts, Life Insurance and Other Financial Planning Tools to Leave the Things You Own to People You Love / Edition 1

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More About This Textbook

Overview

The demographics of the first decades of the Twenty-first Century will assure that record amounts of family money will move between generations. This book is for people who will be part of that ransfer...or want to be.

Lots of people talk about building and maintaining wealth. But most of the experts who talk in these terms are usually trying to sell some form of insurance, investment or planning services.

In truth, no single insurance policy or investment strategy will give you all that you need to earn, keep and pass on money. There are no shortcuts; building family wealth takes hard work and patience.

This book gives you a good look at these things. It combines technical analysis of legal documents and investments with a broader discussion of family dynamics. It uses case studies and key interviews to show what you must do...and what you cannot do...if you want to leave money to your heirs.

Passing wealth on to those who will come after you is one of the most profound things you can do. This book shows you how.

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Product Details

  • ISBN-13: 9781563437441
  • Publisher: Silver Lake Publishing
  • Publication date: 8/28/2001
  • Edition description: First Edition
  • Edition number: 1
  • Pages: 308
  • Product dimensions: 4.58 (w) x 8.40 (h) x 0.76 (d)

Table of Contents

Chapter 1 Who Is Family? And What Does That Mean? 1
Chapter 2 Attitudes and Aptitudes 37
Chapter 3 The Vehicles for Transferring Family Money 73
Chapter 4 Types of Investments 117
Chapter 5 Legal and Administrative Fees 149
Chapter 6 What Happens When Somebody Dies 177
Chapter 7 Taxes 211
Chapter 8 Problems and Problem People 251
Chapter 9 Inheriting Money 277
Index 303
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