AN IDEAL CLIENT RESOURCE: CAN YOU TRUST YOUR TRUST?
What You Need to Know about the Advantages and Disadvantages of Trusts and Trust Compliance Issues Trusts are often worthwhile but can be nightmares if improperly administered. As a result of the revamping of many state trust laws, trustees often find themselves with more questions than they were ever prepared for, without easily discernible answers, such as: • How do I know if I can trust my trust? • What should I look out for? • Are there ever occasions where I shouldn’t provide for a long-term trust? • What should I look for when selecting an institutional trustee to administer my trust? • What trustee liability issues should I be aware of? This is the first book of its kind to present answers to questions such as these in an accessible and practical manner, easily understood by you and your trust advisors. It advises you on the benefits—as well as the pitfalls—of acting as a trustee, written in language that doesn’t require a law degree to understand. 2014, 183 PAGES, PAPERBACK OR EBOOK. ISBN: 978-1-62722-709-4 PRODUCT CODE: 1620626 $24.95 LIST PRICE, $19.95 ABA MEMBERS
INHERITED IRAS What Every Practitioner Must Know, 2015 Edition
Many taxpayers have accumulated considerable assets in their 401(k) accounts or other types of qualified retirement plans. In rolling over these assets from an employer-sponsored plan into a rollover IRA without a full understanding of the implications to their beneficiaries, the result can be a morass of penalties and complications. This current, accessible resource explains these rules and provides guidance for effectively implementing an estate plan that includes retirement assets. Clearly written and logically organized, the guide includes more than 100 scenarios, questions, and answers that practitioners are most likely to encounter when dealing with retirement asset distributions. Checklists and sample forms provide additional tools and resources to help your clients through what is often a difficult time in their lives. 2015 173 PAGES, PAPERBACK OR EBOOK. ISBN: 978-1-63425-002-3 PRODUCT CODE: 1620656 $99.95 LIST PRICE, $74.95 ABA MEMBERS
FUNDAMENTALS OF TRUST ACCOUNTING INCOME AND PRINCIPAL RULES UNDER THE REVISED NEW YORK STATE LAWS
In New York State alone there are well over 10,000 attorneys involved in trust drafting, tax planning, estate planning, trust accounting, trust litigation and elder law planning, but very little practical material on trust accounting income has been available—until now. This book provides a user manual on the trust accounting income and principal rules written from a practical application standpoint. It’s doubly applicable to any lawyers who draft trust documents. This guide supplies all the important New York State-specific trust information that any lawyer involved in trust drafting in the state needs. 2014, 196 PAGES, PAPERBACK. ISBN: 978-1-61438-851-7 PRODUCT CODE: 1620597 $99.95 LIST PRICE, $84.95 ABA MEMBERS ESSENTIAL INFORMATION FOR PRACTITIONERS DEALING WITH TRUSTS AND INHERITANCES BY SEYMOUR GOLDBERG, CPA, MBA, JD Now on Twitter! @InfoGoldbergira ESPECIALLY FOR NEW YORK
ATTORNEYS IRA GUIDE TO IRS COMPLIANCE ISSUES
Discover the mistakes that are made by IRA account holders from an IRS compliance point of view with this essential guide! Learn about the potential IRA violations that may be triggered, and about the possible pitfalls that may befall clients who may inadvertently have violated these complex rules. The book also provides information to help you deal with your clients’ fears of a pending audit. Topics covered include: required minimum distribution penalties; important distribution tax traps to be aware of; asset protection for inherited IRAs; and more. Includes a valuable IRA trust checklist with Practitioner Tips. 2013, 174 PAGES, PAPERBACK OR EBOOK. ISBN: 978-1-61438-851-7 PRODUCT CODE: 1620533 $99.95 LIST PRICE, $74.95 ABA MEMBERS Available at shopABA.org or Amazon.com Follow on Twitter @InfoGoldbergira