HCBE Faculty Books and Book Chapters
Title
Drafting and Using Powers of Appointment
Files
Document Type
Book Chapter
Book Title
Basic Estate Planning
Description
Basic Estate Planning In Florida 8th Edition Highlights
Discussion of new laws, cases, and rules, including the effect of the American Taxpayer Relief Act of 2012 (ATRA) on:
• various estate planning tools; and on
• taxable rates; estate, gift, generation skipping, and income taxes; applicable exclusion amounts; and the portable deceased spousal unused exclusion (DSUE) amount for citizens and noncitizens;
• general and limited powers of appointment, including ""decanting"", and releases and disclaimers of power; a spouse's election to take homestead as a tenant in common rather than through a life estate; and the treatment of insurance proceeds payable to a trust;
• community property; the homestead exemption, and estate planning issues for same-sex couples;
• compliance with Treasury Dept. Circular No. 230 for written tax advice; and
• ethical issues, including the attorney's duty to third parties, asset protection planning, and gifts to lawyers and their relatives
ISBN
978-1632815767
Publication Date
2014
Publisher
The Florida Bar/ Lexis Nexis
City
Tallahassee, FL
Keywords
Estate planning, Florida
Disciplines
Business
NSUWorks Citation
Landau, Barbara, "Drafting and Using Powers of Appointment" (2014). HCBE Faculty Books and Book Chapters. 167.
https://nsuworks.nova.edu/hcbe_facbooks/167