How to Pay Zero Estate Taxes : Your Guide to Every Estate Tax Break the IRS Allows

by Schnepper, Jeff A.

• ISBN13: 9780071345132
• ISBN10: 0071345132
• Edition: 1st
• Format: Paperback
• Copyright: 2000-09-18
• Publisher: McGraw-Hill

Summary

As Jeff Schnepper says, '¬SEstate taxes are voluntary. You only pay them if you haven'¬"t planned in advance.'¬ Modeled on the best-selling How to Pay Zero Taxes, this book shows how to limit, and possibly even omit costly estate-tax burdens'¬”and covers subjects as broad as living wills, family limited partnerships, private annuities, GRITS, GRATS, GRUNTS, flower bonds, and more. Reflecting all tax law changes as of January 2000, this helpful guide pinpoints hundreds of perfectly legal deductions, credits, and exemptions. It covers the subject from the basics to the fine points, featuring Q&As for novices, detailed reviews of relevant legal documents, the latest anti-tax '¬Ssuper strategies,'¬ and more'¬”all in Schnepper'¬"s classic legal-guerrilla style.

Author Biography

Jeff A. Schnepper is the author of How to Pay Zero Taxes, a bestseller now in its seventeenth annual edition, as well as several other books on finance and taxation. He is the financial, tax, and legal advisor to the Transamerica sales force and runs a full-time accounting and legal practice in Cherry Hill, New Jersey. Mr. Schnepper also writes a column for Microsoft’s online personal finance website, MoneyCentral, and is a tax strategist and advisor for TheTaxPeople.net, and the ORYAN Program.

Table of Contents

How Estate Taxes Work.

This Book Will Save You Money.

Durable Power of Attorney.

Testamentary Wills.

Irrevocable Life Insurance Trusts.

Family Limited Partnerships.

Charitable Remainder Trusts.

Private Annuities.

Self-Canceling Installment Notes (SCINs).

Qualified Personal Residence Trusts (QPRTs).

Grantor Retained Annuity Trusts (GRATs) and Grantor Retained Unitrusts (GRUTs).

How to Survice an Audit - Valuation.

Special Situations.