LitArk » Books » Romance novel

Herbert E. Nass - The 101 Biggest Estate Planning Mistakes

Here you can read online Herbert E. Nass - The 101 Biggest Estate Planning Mistakes full text of the book (entire story) in english for free. Download pdf and epub, get meaning, cover and reviews about this ebook. year: 2009, publisher: Wiley, genre: Romance novel. Description of the work, (preface) as well as reviews are available. Best literature library LitArk.com created for fans of good reading and offers a wide selection of genres:

Romance novel Science fiction Adventure Detective Science History Home and family Prose Art Politics Computer Non-fiction Religion Business Children Humor

Choose a favorite category and find really read worthwhile books. Enjoy immersion in the world of imagination, feel the emotions of the characters or learn something new for yourself, make an fascinating discovery.

Book:
The 101 Biggest Estate Planning Mistakes
Author:
Herbert E Nass
Publisher:
Wiley
Genre:
Books / Romance novel
Year:
2009
Rating:
4 / 5
Favourites:
Add to favourites
Your mark:
- 80
- 1
- 2
- 3
- 4
- 5

Description
Author's other books
Similar books

The 101 Biggest Estate Planning Mistakes: summary, description and annotation

We offer to read an annotation, description, summary or preface (depends on what the author of the book "The 101 Biggest Estate Planning Mistakes" wrote himself). If you haven't found the necessary information about the book — write in the comments, we will try to find it.

A trust and estate lawyer to the stars offers an engaging look at how to avoid numerous estate planning mistakes

In The 101 Biggest Estate Planning Mistakes, author Herbert Nass, an estate planner for some of todays most famous celebrities, offers an entertaining look at what not to do when setting up an estate plan, or administering an estate. By examining the mistakes made by some of the most well-known celebrities-from Bob Marley to John F. Kennedy, Sr. and Jr.-this book will guide readers toward making a successful estate plan and help them avoid many common pitfalls. Chapters cover such topics as: mistakes involving tangible personal property, real estate, executors and trustees, minors, or persons with disabilities; as well as disgruntled family and friends left behind.

Puts estate planning in perspective through entertaining examples of mistakes celebrities have made in developing their own plans

Taps into the voyeuristic interest we have in the lives of the rich and famous

Offers an insiders look at many fascinating wills of the rich and famous

Given the emotional, financial, and legal issues that arise from the death of a loved one-and the substantial assets that are transferred from one generation to the next at this time-understanding estate planning is essential. This book will put you in a better position to make more informed estate planning decisions.

Herbert E. Nass: author's other books

Who wrote The 101 Biggest Estate Planning Mistakes? Find out the surname, the name of the author of the book and a list of all author's works by series.

The 101 Biggest Estate Planning Mistakes — read online for free the complete book (whole text) full work

Below is the text of the book, divided by pages. System saving the place of the last page read, allows you to conveniently read the book "The 101 Biggest Estate Planning Mistakes" online for free, without having to search again every time where you left off. Put a bookmark, and you can go to the page where you finished reading at any time.

Light

Font size:

↓

↑

Reset

Interval:

↓

↑

Bookmark:

Make

Table of Contents

Additional Praise for

The 101 Biggest Estate Planning Mistakes

Estate mediators beware. This little book could put you out of business.

Robert B. Davidson, JAMS

Herb Nass has once again written a book that is not only a valuable resource, but interesting and fun to read. If the book was called 102 Biggest Estate Planning Mistakes, the 102nd mistake would be to not read this book. As Herb Nass points out, He who fails to plan, plans to fail. I would recommend this book to all my clients.

Jeffrey S. Gerson, Director, Wealth Management Morgan Stanley Smith Barney, LLC

Estate planning mistakes can and will have a profound impact on future generations. The 101 Biggest Estate Planning Mistakes is an entertaining view of serious personal business.

Peter C. Valente, Partner, Trusts & Estates Blank Rome LLP

Who would believe that a book about estate planning could actually be fun to read? Attorney Herb Nass has organized 101 possible estate planning mistakes in a brilliant and lucid manner, and has made this a must read for anyone who is going to die, even if you are not planning to die anytime soon, and even if you are a lawyer. I loved it.

Raoul Felder, Raoul Felder and Partners, P.C.

Herb Nass shows that in estate planning, common mistakes can lead to uncommonand costlyconsequences. Heres a book that can help you avoid many of them.

Martin Grant, Financial Advisor Bernstein Global Wealth Management

Herb Nass has a unique ability to convey important legal concepts in a straightforward, accessible style. The 101 Biggest Estate Planning Mistakes is no exception. Both professionals and laypeople will enjoy and benefit from this helpful book.

Peter Culver, Senior Director BNY Mellon Wealth Management

Herb Nass latest literary legal gem will point laypersons in the right direction and is an invaluable desk book and guide for every estate planner.

William Schwartz, Esq., Cadwalader, Wickersham & Taft LLP

Dedicated to:

My wonderful wife Jodi, whose energy, resourcefulness, and effervescence continue to be great sources of inspiration and support for me; and

Our two impressive children, Stephanie and Teddy, who are growing up so beautifully and of whom we are very proud.

Thank you all for giving me the time and space to write this book.

H.E.N. May 31, 2009

Preface

As an attorney practicing in the area of estate planning and trust and estate administration for more than 25 years at a big law firm (Paul, Weiss, Rifkind, Wharton & Garrison), at a medium-size law firm (Tenzer, Greenblatt, Fallon & Kaplan) and at a small law firm (Herbert E. Nass & Associates), I have seen and learned many things about the estate planning practice. I have witnessed, and often cleaned up, the problems that can arise when mistakes are made in the preparation of estate planning documents or in the administration of a trust or an estate. I have even made a few mistakes myself, but never the same mistake twice.

Over the course of my career, I have prepared and supervised the due and proper execution of thousands of Wills and handled hundreds of estates, both large and small. While handling those estates, I have represented numerous clients and met many characters. Most of them were quite nice and reputable, but there were a few shady ones as well.

In this book, I will share the 101 estate planning mistakes that I have seenand helped my clients avoidalong the way.

The mistakes described in this book run the gamut from the mundane to the arcane, and the ramifications of these mistakes can be nearly meaningless or of great significance from a financial and/ or emotional point of view. In some ways, this book is intended to be a guide for what not to do in your estate planning.

The 101 Biggest Estate Planning Mistakes - image 3

In the course of my legal career, I have had the privilege of assisting many smart, important, and even famous people with their estate planning. Of course, all of our clients are important, but some of the famous ones have included one of the greatest artists of the 20th century, one of the greatest actresses, one of the greatest, if not the greatest, baseball player/manager of all time, and even a few famous rock-and-roll stars. It is certainly an honor for us to assist people who are leaders in their fields, and we always do our best to avoid making these or any other mistakes when representing our clients.

In examples of mistakes that are based on my own experiences involving our clients, we have changed the names to protect the innocent (or the stupid). However, many of the most interesting mistakes involve celebrities about whom we have all heard and read. For example, Queen Leona Helmsley, in my opinion, made four mistakes in her Will, including leaving too much money to her pet (#16), not compensating the executors of her Will (#33), disinheriting her grandchildren out of anger or vindictiveness (#68), and directing that her pets remains be buried with her own (#84). As is more fully described in each of those sections, Leona made some big mistakes, but that may just be a function of the fact that she had a very big estate and a dog named Trouble( with a capital T).

But Leona Helmsley is not the only celebrity to make mistakes. We can have fun (and learn) by examining the nonsensical Will of Anna Nicole Smith (#40 and #45) and the Wills of many of my favorite musicians and performers, including Jim Morrison (#89), John Lennon (#41), Sonny Bono (#1), Ray Charles (#5), and Sammy Davis, Jr. (#9).

Many of the Beautiful People, including Jackie O. (#11), Andy Warhol (#14), Princess Diana (#86), and Doris Duke (#39) may have made some mistakes in their Wills or in the administration of their estates as well.

But even the little people, whom Leona Helmsley was infamous for saying were the ones who paid taxes, also make mistakes, and the 101 Biggest are full of these too.

Mistakes come in all shapes and sizes, and for the purpose of this book, which is often a guide as to what not to do, the 101 mistakes that I discuss have been divided into the following 11 chapters, each with one central theme:

1. The Single Biggest Mistake Is Not Planning for the One Certainty in LifeDeath

2. Mistakes Involving Tangible Personal Property

3. Mistakes Involving Real Estate

4. Mistakes Involving Executors and/or Trustees

5. Mistakes Involving Guardians, Minors, or Step-Children

6. Mistakes Involving Prior Marriages, Prenuptial Agreements, and Significant Others

7. Mistakes Involving Tax and Copyright Issues

8. Mistakes Involving Disgruntled Friends and Family

9. Mistakes Involving Funerals, Burials, or Cremation

10. One-of-a-Kind Mistakes by Celebrities and Icons

11. Rookie or Bonehead Mistakes

Although the book will flow best reading from start to finish, there is no reason not to start reading the chapter that is on your mind at the moment.

I hope and trust that all of my readers will benefit from my experience as a practicing attorney in these fields for many years and will avoid making any of these 101 mistakes.

Light

Font size:

↓

↑

Reset

Interval:

↓

↑

Bookmark:

Make

Similar books «The 101 Biggest Estate Planning Mistakes»

Look at similar books to The 101 Biggest Estate Planning Mistakes. We have selected literature similar in name and meaning in the hope of providing readers with more options to find new, interesting, not yet read works.

Charles K. Plotnick

How to Settle an Estate: A Manual for Executors and Trustees

For Sale by Owner Guy

The Book That Real Estate Agents DONT Want You To Read!

Harvey J. Platt

Your Living Trust & Estate Plan: How to Maximize Your Familys Assets and Protect Your Loved Ones

Cliff Hockley

Successful Real Estate Investing: Invest Wisely, Avoid Costly Mistakes and Make Money

Brad Galbraith

The Four Corners: Where your estate plan becomes a living legacy

Kelli E. Brown

Estate Planning When You Have Pets

Rachel Emma Silverman

The Wall Street Journal Complete Estate-Planning Guidebook

Vicki Cook

Estate Planning 101: From Avoiding Probate and Assessing Assets to Establishing Directives and Understanding Taxes, Your Essential Primer to Estate Planning

N. Brian Caverly Esq.

Estate Planning For Dummies

Stewart H. Welch

AARP JK Lassers New Rules for Estate and Tax Planning

Jean Blacklock

The 50 Biggest Estate Planning Mistakes...and How to Avoid Them

Scott M. Estill

J.K. Lassers Real Estate Investors Tax Edge: Top Secret Strategies of Millionaires Exposed

Reviews about «The 101 Biggest Estate Planning Mistakes»

Discussion, reviews of the book The 101 Biggest Estate Planning Mistakes and just readers' own opinions. Leave your comments, write what you think about the work, its meaning or the main characters. Specify what exactly you liked and what you didn't like, and why you think so.