Wills, Trusts, and Estate Administration

by HOWER/KAHN

• ISBN13: 9781418039332
• ISBN10: 1418039330
• Edition: 6th
• Format: Hardcover
• Copyright: 2007-06-12
• Publisher: Cengage Learning

Summary

The Sixth Edition of Wills, Trusts, and Estate Administration is an established textbook in the field of paralegal education dating back to the first edition in 1979. The intention of the textbook is to provide a learning tool for the paralegal student introducing them to the basics of property law and its application to the main theme of wills, trusts, and estate administration. A discussion of the laws that govern construction and administration of wills and trusts is presented in detail along with the roles of various participants in the process. A section is devoted to the taxes involved with the administration of estates which include income, fiduciary, gift, inheritance, and estate tax returns. The sections include examples, exhibits, assignments, key terms, review questions, and case problems to aid and challenge the student in understanding the material along with essential probate and tax forms found in the Appendix. The development of an estate plan to dispose of assets and diminish or eliminate estate taxes through the effective use of wills and trusts is presented allowing the student to apply what has been learned throughout the textbook. Ethics is addressed to prepare the paralegal student for the necessity to adhere to a prescribed set of rules and guidelines that will apply to their work. The textbook is a good reference source for both the student and lay person interested in basic and understandable information on the subject of wills, trusts, and estate administration.

Author Biography

Peter T. Kahn is a Professor at the University of Minnesota.

Table of Contents

The Estate Plan and the Purpose and Need for a Will

The Concept of Property Related to Wills, Trusts, and Estate Administration

The Participants and the Proper Court

The Law of Succession: Death Testate or Intestate

Wills: Validity Requirements, Modification, Revocation, and Contests

Preparation to Draft a Will: Checklists and the Conference with the Client

Final Draft and execution of a Valid Will

Introduction to Trusts

Classification of Trusts, the Living Trust, and Other Special Trusts

Estate Planning

Long-Term Care

Personal Representatives: Types, Pre-Probate Duties, and Appointment

Probate and Estate Administration

Informal Probate Administration

Tax Considerations in the Administration of Estates

Ethical Principles Relevant to Practicing Paralegals and Legal Assistants

Key Terms

Review Questions

Case Problems

Notes

Appendixes

A

Sample Forms A1

B

Sample Marital Deduction Testamentary

Trust A183

Glossary

Index

Table of Contents provided by Publisher. All Rights Reserved.