Estate Planning

Trusts and estates practice has become increasingly recognised as an occupation within the legal, accounting, tax and financial services professions. Estate planning remains the strategic advisory component within this practice. An essential resource for practitioners and students involved in trusts and estates practice, this easy-to-use, practical and comprehensive guide will enable you to understand and deliver effective estate planning services using the principles, precedents, practice points, case notes and discussion questions contained in this book. The third edition will also feature: - References to the FPA professional practice standards and their estate planning competency standards; - Expanded treatment on client service delivery and report writing and structuring; - An updated national legislative treatment; - A discussion of trustee duties and territorial basis of taxation; - Expanded appendices to illustrate client communication and report writing. About the Authors: Michael Perkins is Principal, Andreyev Doman, Lawyers, and Lecturer, Faculty of Law, University of Technology, Sydney. Robert Monahan is Senior Estate Planner, Australian Executor Trustees Limited, and Lecturer, Faculty of Law, University of Technology, Sydney. - Table of Contents: PART ONE - ESSENTIAL FRAMEWORKS Chapter 1: Introduction to Estate Planning Chapter 2: Management and Operations PART TWO - THE LEGAL ENVIRONMENT Chapter 3: Will, Probate and Succession Chapter 4: Taxation of Estates Chapter 5: Property Equity and Trusts Chapter 6: Contracts PART THREE - RESPONSES Chapter 7: Responding to Family Breakdown Chapter 8: Responding to Changes in Capacity and Cognition Chapter 9: Estate Planning in Action PART FOUR - RESPONSIBILITY Chapter 10: Estate Services and the Professions