Russell J. Fishkind & Robert C. Kautz 
Estate and Business Succession Planning 
A Legal Guide to Wealth Transfer

Written by two attorneys who specialize in estate planning, this book clarifies all the issues involved in planning an estate and transferring wealth. It offers comprehensive estate planning guidelines, including creating a will, designating power of attorney, trusts, and life insurance, and includes up-to-date estate and inheritance tax information.

Table of Content

Acknowledgments.

Introduction.

The Heart of the Estate Plan.

Your Last Will and Testament.

Power of Attorney.

Advance Directive for Health Care–Your Living Will.

Utilization of the Exemption Equivalent and Annual
Exclusion.

Spousal Planning.

Irrevocable Life Insurance Trusts.

Generation Skipping Transfer Tax.

Transferring Wealth to Minors.

Integrating Retirement Planning with Estate Planning.

Charitable Planning.

Supplemental Needs Trust.

Qualified Personal Residence Trust.

Integrating the Titling of Assets with the Intent of the Estate
Plan.

Business Succession Planning.

Start with a Business Valuation.

Buy-Sell Agreements.

Funding Buy-Sell Agreements.

Transference of Business Interests.

Family-Owned Business Exclusion.

Family Limited Partnerships.

Grantor Retained Annuity Trusts and Grantor Retained
Unitrusts.

Intentionally Defective Grantor Trusts.

Split Dollar Life Insurance.

Self-Canceling Installment Notes and Private Annuities.

Conclusion.

Appendix A.

Appendix B.

Index.

About the author

Russell J. Fishkind is a Partner in the Personal Wealth, Estates and Trusts Department at Saul Ewing LLP, where he focuses on high net worth estate planning, business succession planning, estate administration, and probate litigation. He is also an Associate Adjunct Professor at New York University, where he teaches estate and business succession planning. Fishkind is the author of Legacy of a Lifetime, coauthor of the J.K. Lasser Pro Estate and Business Succession Planning textbook, and a contributing author to Sophisticated Estate Planning: Using Tax Laws to Your Clients’ Advantage published by the New Jersey Institute for Continuing Legal Education. He was recognized as a Super Lawyer in 2005, 2007 and 2009.