There have been many books, articles, etc. written on this important topic and this text will cover, such as the tropics estate planning, forms of ownership, the transfer time in life and after death, wills, trusts,. federal gift taxes and state death taxes, federal estate tax and estate planning techniques There are two objectives: (1) attempt to provide you with basic knowledge about the process of estate planning, (2) that they would rather complex body of knowledge as a clear and precise as possible . It is within this book that goes beyond the basics. Once you have learned the basics, the application of advanced strategies for a given situation should be investigated with the advice of experts outwards of estate planning.
origin and development of estate planning is important to understand the true nature of this process. Estate Planning is by no means an American development. Primitive people do not recognize that land could be owned, as the country belongs to all people. only personal property was owned and possessed by primitive people, and the death of our early ancestors were destroyed or buried such property from its owner. when people began to realize the value of their property, they have become concerned with the property passes at death. Perhaps the oldest written proof of death, assets can be found in early Egyptian hieroglyphics. Although our knowledge of early Wills is limited, we do not know how to pass property to select a successor.
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