| Table of Contents* |
Dedication Pg 4 |
The Wealthy's Secret Weapon Pg 31 |
Foreword Pg 4 |
Income Maximization Scenario #1 Couple Pg 32 |
Introduction Pg 5 |
Income Maximization Scenario #2 Single Pg 34 |
How Will This Help You? Pg 6 |
Wealth Transfer Concept Pg 36 |
Ch. 1 Understanding Estate Planning Pg 7 |
Ch. 10 Making Sense/Cent$ of Trusts Pg 38 |
Estate Planning Defined Pg 7 |
Revocable Trusts Pg 38 |
Ch. 2 Basic Estate Planning Techniques Pg 8 |
"Intervivos" Revocable Living Trust Pg 38 |
Wills Pg 8 |
Example #1 Pg 39 |
Gift Tax Annual Exclusion Pg 8 |
Ch. 11 Irrevocable Trusts Pg 42 |
Federal Unified Credit Exemption Pg 8 |
1-Irrevocable Life Insurance Trust Pg 42 |
Unlimited Martial Deduction Pg 8 |
Example #2 Pg 43 |
Ch. 3 Advanced Estate Planning Techniques Pg 9/strong> |
2-Charitable Remainder Trusts Pg 46 |
Revocable Living Trust Pg 9 |
Example #3 Pg 47 |
Irrevocable Life Insurance Trust Pg 10 |
3-Charitable Lead Trust Pg 48 |
Generation Skipping Trust Pg 11 |
Example #4 Pg 49 |
Charitable Remainder Trust Pg 11 |
4-Grantor Retained Trusts Pg 50 |
Grantor Retained Trusts Pg 12 |
Example #5 Pg 51 |
Charitable Lead Trust Pg 12 |
5-Generation Skipping Trust Pg 52 |
Ch. 4 Examples Pg 13 |
Example #6 Pg 52 |
Living Trust Pg 13 |
Ch. 12 When to Trust a Trust! Pg 53 |
Ch. 5 TAX-FREE INCOME Pg 18 |
Ch. 13 AVOID THE 10 COSTLY MISTAKES
OF FINANCIAL PLANNING Pg 54 |
Life Insurance History Pg 18 |
#1 - Don't Do Anything! Pg 54 |
Modified Endowment Contract Story Pg 19 |
#2 - Being a Do-it-Yourselfer! Pg 55 |
Ch. 6 TAX-FREE Income Strategy Pg 21 |
#3 - Trying to Make the Lincoln Penny Scream! Pg 56 |
TAX-FREE Income Strategy Summary Pg 26 |
#4 - Too Trusting of Certain People! Pg 57 |
Ch. 7 ROTH - IRA History Pg 27 |
#5 - Don't Check References! Pg 58 |
Ch. 8 OK! Now What? Pg 28 |
#6 - Don't Comparison Shop! Pg 59 |
Building a Financial Foundation Pg 28 |
#7 - Let Fear Paralyze Them! Pg 60 |
Maslow's Financial Hierarchy Pg 28 |
#8 - Listening to Bad Advice! Pg 61 |
Financial Hierarchy of Money Pg 28 |
#9 - Thinking They've Got Plenty of Time! Pg 62 |
Self-Assessment Pg 29 |
#10 - Being Too Generous with Gifts/Loans to Others! Pg 63 |
Important Legal Documents Pg 30 |
Mistakes Summary Pg 64 |
Durable Power of Attorney 30 |
Ch. 16 Closing Commentary Pg 65 |
Health Care Power of Attorney Pg 30 |
Appendix Pg 65 |
Living Will Pg 30 |
Comparisons at a Glance Pg 65 |
Pour-Over Will Pg 30 |
Appendix Pg 66 |
Ch. 9 Financial Planning Strategies Pg 31 |
Glossary Pg 67 |
