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Compelling letters by real life parents and children beneficiaries illustrate the major concepts in estate planning. While most estate planning books focus on the "how to" format of reducing tax liability, this collection of letters and stories from real life people emphasizes the more human aspects, including people's desires and goals for future generations.
Paperback, 192 pages
Published March 11th 2002 by Kaplan Publishing
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This book is full of “stories of best-laid plans that didn’t work out” and “unintended consequences,” accompanied by more-or-less brief discussion of the corresponding lessons to be learned. I thought it was a very useful read in the process of trying to figure how out to “pass it on”—whatever’s left in the end. In fact, we decided it would be a good thing for all family to read as preparation for “family council” style work around these issues.
Feb 12, 2008 Lou rated it really liked it
Recommends it for: anyone thinking about writing or rewriting a will
Recommended to Lou by: I found it in the library
This book was surprisingly interesting and informative. It was a quick read with lots of real life examples. The two authors, both estate lawyers, stress passing on your values as well as your money.