The Tools and Techniques of Estate Planning |
Common terms and phrases
agreement amount annual exclusion annuity Answer assets attorney basis beneficiary buy-sell agreement bypass trust cash Chapter charitable client Code section community property computation considered contributions corporation cost death benefit death taxes decedent decedent's disclaimer distribution dividend donor earnings election employee employee's ESOP estate planner estate planning estate tax purposes example excess executor fair market value family members federal estate tax funds generation-skipping generation-skipping transfer tax gift tax grantor gross estate GST tax includable income tax individual insurance policy interest investment IRC Sec IRC Section liability lifetime limited loan marital deduction ment ordinary income paid partnership payable payments percent person premium probate professional purchase Question Ralph Gano Miller received redemption remainder result retirement plan rules separate property shareholders specific spouse's surviving spouse survivor tax return taxable estate taxable gifts taxation TENTATIVE TAX tion transfer transferor trust unified credit