Trusts and estates taxation, gift tax Books
Sweet & Maxwell Ltd Lewin on Trusts
Book SynopsisFrequently cited in court, Lewin on Trusts covers the entire law of trusts from general principles to current practice, ensuring you have all the information you need on the effective creation of trusts and the resolution of disputes and other problems that arise.
£159.71
Sweet & Maxwell Ltd Hayton McFarlane and Mitchell Text Cases and
Book Synopsis
£37.00
Sweet & Maxwell Ltd Drafting Trusts and Will Trusts
Book SynopsisThe work offers a comprehensive selection of precedents to suit a wide range of requirements, and helps ensure the practitioner can make the best succession planning judgments through the use of the correct wills and trusts.
£169.00
Sweet & Maxwell Ltd Declarations of Trust
Book SynopsisDeclarations of Trust: A Drafting Handbook is a highly practical book providing the general practitioner with over 50 useful precedents to cover all situations where declarations of trust can be used to protect clients' interests. Each chapter deals with a particular scenario and has a short commentary covering law, procedure and points to watch out for, followed by a useful Steps to be taken section.
£106.00
Sweet & Maxwell Ltd Hanbury Martin Modern Equity
Book SynopsisHanbury & Martin: Modern Equity provides an up-to-date and modern account of this challenging area of the law. This twenty-second edition of the long-standing work is the third edition under the present editors. The new edition contains rigorous analysis of the latest in case law and academic debate, with strengthened reference to other common law jurisdictions.
£40.98
John Wiley & Sons Inc Estate Planning
Book SynopsisPlan ahead: estate planning to secure your wishes Estate Planning is your overview of the estate planning concepts that are necessary to consider when advising your clients about the different facets of wealth transfer planning.Table of ContentsAbout the Author ix Introduction 1 Chapter 1 Estate Planning Objectives 3 Notes 5 Chapter 2 Inventory of the Client’s Assets and Objectives 9 A. Scope of Factual Analysis 9 B. Family 9 C. Assets and Liabilities 10 D. Cash Flow Analysis 11 E. Present Objectives for Estate Disposition 11 Notes 12 Chapter 3 Preliminary Estate Planning Considerations 15 A. Expanded Responsibilities of the Professional Tax Advisor 15 B. Facilitating Lifetime Capital Formation 16 C. Fundamental Federal Income Tax Planning 17 D. Managing and Structuring the Closely Held Business Ownership: Family Business Succession Planning 18 E. Additional Important Preliminary Planning Inquiries 19 F. Financial Adequacy of the Estate 22 G. Hypothetical Probate Administration 23 H. Lifetime Asset Management 23 Notes 24 Chapter 4 The Basic Federal Transfer Tax and Income Tax Structure 29 A. Estate, Gift, and Generation‐Skipping Transfer Taxes 29 B. Related Federal Income Tax Considerations 45 Notes 52 Chapter 5 Fundamental Testamentary Planning 81 A. Basic Mechanisms for Transferring Property 82 B. Trusts 94 C. Credit Shelter Trust 112 D. Estate Tax Marital Deduction Transfers 114 E. Powers of Appointment 158 Notes 167 Chapter 6 Lifetime Asset Transfers 223 A. Lifetime Gifts—Arguments for and Against 223 B. Basic Federal Tax Considerations 225 C. Methods of Completing Gifts 232 D. Specific Types of Gifts 234 Notes 255 Chapter 7 Intrafamily Transfer Alternatives to Gifts 285 A. Intrafamily Sale/Leaseback or Gift/Leaseback 286 B. Intrafamily Installment Sales 287 C. Interest-Free Loans of Money 293 D. Loans of Property or Credit 297 E. Tax-Free Property Exchanges with Family Members 298 F. Private Annuities 300 G. Joint or Split Purchases 310 H. Sale of Remainder Interest in Property 317 I. Grantor Retained Annuity Trust and Unitrust 321 J. Personal Residence Trusts 327 K. Transfers of Family Properties Summarized 337 Notes 337 Chapter 8 Generation-Skipping Transfers 361 A. Purpose of the Generation-Skipping Transfer Tax 361 B. Definitional Provisions 362 C. Tax Computation 365 D. Exemptions 369 E. GST Tax Planning Considerations 370 Notes 371 Chapter 9 Special Nonprobate Planning Situations 377 A. Joint Property 377 B. Community Property 383 C. Life Insurance 394 D. Commercial Annuities 408 E. Charitable Transfers 411 F. Foreign Trusts 426 Notes 431 Chapter 10 Special Business Planning Situations 475 A. Family Business Planning Options 475 B. Closely Held Family Corporations 476 C. Closely Held Partnerships and Limited Liability Companies 492 D. Special Valuation for Family Farms and Real Property 502 E. Qualified Family‐Owned Business Interests 511 Notes 514 Chapter 11 Special Executive Compensation/Deferred Benefits Estate Planning 543 A. Executive Compensation Planning 543 B. Qualified Pension and Profit‐Sharing Plans 552 C. Self‐Employed Individual 558 D. Individual Retirement Account 559 E. Business‐Originated Life Insurance 561 Notes 569 Chapter 12 Post‐Mortem Estate Planning 591 A. Planning Options 591 B. Income Tax Planning Opportunities 592 C. Renunciations and Disclaimers 597 D. Waiver of Fee by Fiduciary 600 E. Solving Estate Liquidity Problems 601 F. Alternate Valuation 609 Notes 610 Chapter 13 Estate Planner–Client Relationship 627 A. Professional’s Responsibility 627 B. Determining the Amount of the Estate Planner’s Fee 632 C. Income Tax Deduction of Estate Planning Fees 633 Notes 636 Appendix: Worksheets 647 Bibliography 721
£51.75
John Wiley & Sons Inc J.K. Lassers New Rules for Estate Retirement and
Book SynopsisThe popular handbook to estate planning, now updated for 2018 Since its first publication in 2002, New Rules for Estate, Retirement, and Tax Planning has sold more than 40,000 copies, providing a solid, accessible introduction to estate planning for any age or income bracket. Now in its sixth edition, Estate, Retirement, and Tax Planning continues this tradition, covering such topics as trusts, donations, life insurance, and wills in easy-to-understand language that offers valuable insights and solid strategies to help you preserve your wealth and plan your estate so that your assets go where you want with a minimum of taxes and government interference. This comprehensive guide answers such common questions as: How much do I need to retire comfortably? How do I protect my children's inheritance? How do I ensure planned donations are made after I'm gone? And many more. The Sixth Edition is also fully updated to reflect changes following the 2018 TaxTable of ContentsAcknowledgments xi Introduction xv 1 Tax Cuts and Jobs Act of 2017 1 Ordinary Income Tax Rates 2 Capital Gains Tax Rates and Qualified Dividends 2 Educational Provisions 2 Business and Corporate Tax Relief 5 Estate, Gift, and Generation-Skipping Transfers 6 Dangers of Relying on Portability 9 Limitations on Deductions 11 2 Estate Planning 15 What Is Estate Planning? 15 The Benefits of Estate Planning 16 The Nightmares of Poor Planning 18 The Myths of Estate Planning 19 Guidelines for Successful Estate Planning 20 3 The Estate Tax System 23 Determining Your Estate Net Worth 23 Your Estate Tax Picture 29 Your Future Estate 33 Overview of Estate-Planning Strategies 35 4 Investment Strategies for Maximizing Estate Growth 37 Growth Strategy with a Safety Net® 38 Prioritizing Your Investment Dollars 43 Retirement Planning: Choosing the Best Investment Environments 43 Roth Conversions 46 Some Final Thoughts on Investing 53 5 Retirement Planning: Living Your Dream 55 Your Retirement Requirements 56 Best Retirement Strategies 61 Reverse Mortgages 67 Social Security Strategies 70 Customizing Your Health Care Plan 75 6 You Don’t Have a Will? Big Trouble! 79 Property Transfers at Death 80 Transfers via Probate 81 Direct Transfers by Title 84 Other Methods of Property Ownership 88 Choosing the Best Methods of Ownership 90 Setting Estate-Planning Goals 91 7 Where There’s a Will, There’s Your Way! 93 What Is a Will? 93 Types of Wills 93 Advantages and Disadvantages of Wills 95 Intelligent Decisions Concerning Your Will’s Basic Provisions 97 Executing Your Will 110 Where to Store Your Will 111 Other Important Documents 111 Working with Your Attorney 115 When to Review Your Estate Plan 121 8 Using Trusts in Your Estate Plan 125 The Credit Shelter Trust Will 126 Disclaimers 131 Marital Trusts 132 Spendthrift Trust 136 Standby Trust 137 Other Trusts 137 9 Understanding the Living Trust 139 Advantages of Living Trusts 139 Disadvantages of Living Trusts 141 How a Living Trust Operates 142 Transferring Property into Your Living Trust 145 Types of Property Likely to Be Transferred 148 Living Trust Myths 150 Transacting Business with Your Trust 152 10 Using Insurance in Your Estate Plan 153 Life Insurance 153 Using Life Insurance to Replace Income 156 How Much Life Insurance Do You Need? 157 What Type of Life Insurance Is Best for You? 160 Insurance on a Homemaker 161 Insurance on Adult Children 161 How to Get the Best Deal on Term Life Insurance 161 What Type of Life Insurance Is Best for Estate Liquidity? 164 The Irrevocable Life Insurance Trust 166 Getting Your Life Insurance into Your Trust 167 Using Life Insurance to Leverage Your Estate 170 About Your Cash Values 173 11 Smart Strategies for Gifting Assets to Family Members 179 The Annual Gift Tax Exclusion 179 Unintended Gifts 181 Filing a Gift Tax Return 182 The Lifetime Applicable Exclusion Amount 182 Outright Gifts 183 When the Donee Is a Minor 185 Other Tax-Free Gifts 194 Family Gifts Utilizing Trusts 195 Grantor Retained Annuity Trust 195 Grantor Retained Unitrust 197 Qualified Personal Residence Trust 197 Taking Advantage of Generation-Skipping Transfers 201 Sales to Family Members 204 Loans to Family Members 207 Sales to Intentionally Defective Grantor Trusts 208 The Legacy Trust 208 12 Strategic Planning with Charities 219 Outright Gifts to Charities 220 Testamentary Gifts to Charities 223 Gifts Using Charitable Trusts 223 Using Your Charitable Trust for Retirement Planning 227 The Private Foundation 230 13 Family Limited Partnerships 235 General Structure of the Family Limited Partnership 235 Family Limited Partnership Rules 240 14 Succession Planning for the Family Business or Farm 249 Special Estate Tax Benefits for Farmers and Closely Held Business Owners 251 Valuing Your Business or Farm 253 Succession or Sale? 253 Succession Planning: Keeping the Family Business in the Family 254 Maximizing Your Business’s Value through a Sale 255 Structuring Your Buy-Sell Agreement 256 Types of Buy-Sell Agreements 257 Funding the Buy-Sell Agreement 258 One Final Strategy—The Employee Stock Ownership Plan 260 15 Asset Protection Strategies 263 The Concept of Fraudulent Transfers 263 A Word about Jointly Held Property 267 Retirement Plans 267 Life Insurance 269 Using Trusts to Protect Assets 270 Using Limited Liability Entities to Protect Assets 271 Use of Multiple Limited Liability Entities 274 Foreign Asset Protection Trusts 275 Domestic Asset Protection Trusts 277 16 Personal Business Planning Issues 281 Choosing the Right Entity for Your Business 281 Closing Thoughts 293 Importance of a Business Plan 295 Epilogue—Dealing with Parents and Their Money 297 Appendix A—Professional Advisers 299 Appendix B—Estate Planning Terms 303 Appendix C—IRS Life Expectancy Table 309 About the Authors 313 Index 315
£16.14
Kogan Page The Telegraph Tax Guide 2024
Book SynopsisThe Telegraph is an award-winning, multimedia news brand that has been synonymous with quality, authority and credibility for more than 165 years. Telegraph Media Group (TMG) is the publisher of The Daily Telegraph and The Sunday Telegraph, The Telegraph Magazine, Telegraph.co.uk, the Telegraph app and a number of books, including the annual Telegraph Tax Guide.
£58.50
Bloomsbury Publishing PLC Landmark Cases in Revenue Law
Book SynopsisIn an important addition to the series, this book tells the story of 20 leading revenue law cases. It goes well beyond technical analysis to explore questions of philosophical depth, historical context and constitutional significance. The editors have assembled a stellar team of tax scholars, including historians as well as lawyers, practitioners as well as academics, to provide a wide range of fresh perspectives on familiar and unfamiliar decisions. The whole collection is prefaced by the editors’ extended introduction on the peculiar significance of case-law in revenue matters. This publication is a thought provoking and engaging showcase of tax writing that is accessible equally to specialists and non-specialists.Trade ReviewSnape and de Cogan frame a book containing classic cases in tax law as a means of understanding the deeply social and political nature of tax law, revenue law, the government, and the people’s interactions in what they hope will be a civilized society. Seeing issues from this more inclusive framing will allow legal scholars to contribute to that desired outcome without unnecessarily narrowing (and thus inevitably distorting) their focus. -- Neil H Buchanan * Jotwell *[A] full appreciation of the immense effort put in by each of the contributors gradually reveals itself after reading each of the contributions. The book is extensively researched and indexed... This book offers much more than an analysis of leading revenue law cases in the UK... This reviewer thoroughly endorses this book as essential reading to anyone interested in the historical development of the UK’s revenue law through the lens of the common law. Furthermore, it is recommended to anyone with an interest in revenue law, especially where the common law operates. It is not a book for reading in a single session; its full impact on one’s thinking is only achievable if a reader takes time to reflect upon the implications and insights provided by each of the chapters. This book should be part of the collections of tax practitioners, academics, officials, the judiciary and students with a keen interest in the law, especially those working with, or having an interest in, revenue law. -- Adrian Sawyer, Professor of Taxation, UC Business School, University of Canterbury, New Zealand * British Tax Review *Table of ContentsIntroduction: On the Significance of Revenue Cases John Snape and Dominic de Cogan 1. Case of Ship-Money (R v Hampden) (1637): Prerogatival Discretion in Emergency Conditions Michael J Braddick 2. Farmer v Glyn-Jones (1903): The Perils of Revenue Practice Chantal Stebbings 3. De Beers Consolidated Mines Ltd v Howe (1906): Corporate Residence: An Early Attempt at European Harmonisation John Avery Jones and Johann Hattingh 4. Thomas Gibson Bowles v Bank of England (1913): A Modern John Hampden? Martin Daunton 5. Great Western Railway Co v Bater (1922): A Question of Classification John HN Pearce 6. The Archer-Shee Cases (1927): Trusts, Transparency and Source Malcolm Gammie 7. Commissioners of Inland Revenue v Crossman (1936): Keeping it in the Family Ann Mumford 8. Edwards v Bairstow and Harrison (1955): Fact Finding and the Power of the Courts Anne Fairpo 9. Odeon Associated Theatres Ltd v Jones (HM Inspector of Taxes) (1971): A Delphic Pronouncement and a Fundamental Tension Judith Freedman 10. WT Ramsay v Commissioners of Inland Revenue (1981): Ancient Values, Modern Problems John Snape 11. CIR v National Federation of Self-Employed and Small Businesses (1981): All Grievances Converging on Tax Law Dominic de Cogan 12. Conservative and Unionist Central Office v Burrell (1981): A Case of Hidden Significance Victor Baker 13. Mallalieu v Drummond (1983): Allowable Deductions, Inadmissible Arguments Geoffrey Morse 14. Zim Properties Ltd v Proctor (1985): Compromise of Action, Compensation and CGT David Salter 15. The Commerzbank Litigation (1990): UK Law, Tax Treaty Law and EU Law Philip Baker 16. Pepper v Hart and Others (1992): The Case of the Misunderstood Minister Philip Ridd 17. R v Secretary of State for Foreign and Commonwealth Affairs, ex parte World Development Movement (1994): Financial Prudence, Interfering Busybodies Abimbola A Olowofoyeku 18. Barclays Mercantile Business Finance v Mawson (2004): Living with Uncertainty John Vella 19. Cadbury Schweppes and Cadbury Schweppes Overseas (2006): CFC Rules Under EU Tax Law Christiana HJI Panayi 20. Jones v Garnett (2007): Legal Form, Legal Problem Glen Loutzenhiser
£47.49
Edward Elgar Publishing Ltd Tax and Financial Planning for the Closely Held
Book SynopsisTax and Financial Planning for the Closely Held Family Business serves as a manual to help business advisers devise strategies for clients dealing with family issues. Guiding family businesses through the complex maze of organizational, tax, financial, governance, estate planning and personal family issues is a complex, time-consuming, difficult, and sometimes emotional process. This book focuses not only on identifying the problems family businesses face, but on devising solutions and planning opportunities for both family businesses and their owners. Tax and Financial Planning for the Closely Held Family Business provides traditional planning techniques as well as many often overlooked non-traditional strategies. The authors, who are Attorneys/CPAs with extensive experience representing family businesses, discuss the role of the family business advisor in dealing with the issues that confront businesses and their owners. Many family business owners may find that the timely involvement of a wise, experienced and careful business adviser can protect the owners from business and family crises. Practitioners, law libraries and law firms will find that each chapter of Tax and Financial Planning for the Closely Held Family Business contains creative planning opportunities that can be studied and implemented in order to solve real problems in the closely held family business.Trade Review'A great desk reference for family business advisors. Easy to read and easy to follow. Advisors will learn about the dynamics of a family business and how they differ from other closely held businesses and the impact that has on operations, compensation, retirement and succession planning. The authors present their unique perspective on these matters and offer creative techniques and solutions to various issues and problems arising with regard to taxes, liquidity and transferring ownership. If you advise a family business, you need this book.' --Bruce J Belman, JD-CPA United States'I highly recommend Tax and Financial Planning for the Closely Held Family Business. It is rare to find a book that uniquely and insightfully focuses on both important family business dynamics, as well as the many crucial financial, income tax, estate planning and other legal issues that should and must be addressed by family business leaders and advisors. It is especially rare to find such a book that is readable, practical and thorough, not to mention having many creative solutions.' --Lawrence J. Eisenberg, P.C./Benefits Law Group, US'For those of us who regularly represent family owned businesses, it is difficult to find a reliable single resource that takes into consideration at a sophisticated level the cornucopia of issues that have to be considered for such work. This type of work requires the ability to nimbly apply not only legal, business and tax law principles, but also requires the advisor to be able to understand nuances of how families work in the context of the family business. Zwick and Jurinski have found a way to pull all of those issues and nuances together in a book that clearly lays out the issues and problems that advisors face in representing family businesses, gives a wide range of suggestions on how to address the various issues that family businesses face from time to time, with an emphasis on how to help make decisions on as tax efficient as basis as possible. The book looks at these issues from various points of view, just like our clients do, and recognizes that this type of work is not a cookie cutter operation. This book will be a valuable tool for advisors to help their family business clients think through complicated issues and be able to consider the use and implementation of various tax planning ideas and structures, including ideas and structures suggested by provisions of the recently enacted Tax Cuts and Jobs Act that may be of benefit to the family business and the family.' --Ronald A. Levitt, Attorney at LawTable of ContentsContents: 1. The Many Roles of the Family Business Adviser 2. Understanding Family Business 3. Family Issues in Family Business Operations 4. Dealing with Power Struggles and Protecting Minority Shareholders 5. Creative Compensation Techniques for Family Businesses 6. Creative Retirement Planning for Family Business Owners and Their Families 7. Solving Problems in Succession Planning for Family Businesses 8. Creative Estate Planning Techniques for Business Owners and Their Families 9. Special Problems in Implementing Intra-Family Transfers 10. Creative Techniques to Provide Estate Liquidity 11. Valuation Techniques and Strategies to Minimize Taxes on Family Businesses 12. Creative Life Insurance Planning for Family Businesses 13. Financing Problems and Issues 14. Income Tax Planning Opportunities for Family Businesses and Owners 15. Negotiating the Tax Code’s Related-Party Rules 16. Comprehensive Case Study Index
£209.00
Saraband A Book of Death and Fish
Book Synopsis"A bright book and a brilliant book." - Robert Macfarlane. Peter MacAulay sits down to write his will. The process sets in motion a compulsive series of reflections: a history of his own lifetime and a subjective account of how key events in the post-war world filter through to his home, Stornoway. He reveals his passions for history, engines and fish, and witnesses changing times – and things that don’t change – in the Hebrides. The novel is driven by its idiosyncratic narrator, but with counterpoints from people he engages with – his father, mother, wife, daughter, friends. It’s all about stories, a litany of small histories witnessed during one very individual lifetime.Trade Review“It is a Waterland for the Outer Hebrides...it’s a major landmark in fiction of the islands...it’s a landmark in Scottish literature and contemporary fiction more broadly...makes cunning shifts into para-memoir, pseudo-biography, hints of the documentary, but it’s always mobile, always moving. Line for line, the voice was so lively, so inventive, that I relished each paragraph ... Story within story, concentrically nested, or maybe hung like hooks on a line to catch the readers... It’s a bright and vivid and true book, and a work of literature, unmistakably.” -- Robert Macfarlane.“It’s absorbing and riveting. There’s not a single paragraph in A Book of Death and Fish when we are not engaged by the vigour and jump and insistence of his voice.”"Stephen brings a contained concentration and intensity to his chapters that is mesmerizing and true in a deeper way.""Dense, compelling and wildly idiosyncratic, it’s a novel that splits the form open like a fresh catch, glistening and raw and singing with the sea.” -- Kirsty Gunn"A Book Of Death And Fish may well take its place beside Moby-Dick...It will, I suspect, be one of those books I will not put down all my days." -- Candia McWilliam"A fine, far-reaching and and sensitive book.""An excellent, enjoyable and engaging read.”"Ian Stephen has excavated the life and the places that he knows to write a big, sprawling kaleidoscopic and often brilliant book. It is an heir to Neil Gunn as well as to Kevin MacNeil’s 'The Stornoway Way'. -- Roger Hutchinson * West Highland Free Press *
£8.99
