Randy L. Zipse, Lina R. Storm, Donald Cady
Description
The 2025 Field Guide to Estate Planning, Business Planning & Employee Benefits provides a ready means of identifying and understanding the concepts an
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d techniques used in estate planning, retirement planning, business planning and employee benefits. The 2025 edition has been completely reorganized. The topics previously covered in Part IV have been incorporated into the four main areas so there is no longer a need to flip back and forth in the book. Numerous drawings and charts have been updated or new charts are included to assist readers in identifying and understanding the concepts most frequently encountered when working with clients. The 2025 Field Guide is valuable as an easy desktop reference or a classroom training aid.
New in the 2025 Edition:
Detailed analysis of the provisions and ramifications of SECURE Act 2.0, including: changes to the RMD dates
reduction in penalties for failure to take RMDs
RMD calculation option for partial annuitization
new exceptions to the 10% early distribution penalty
changes to qualified charitable distributions
alterations to the qualified longevity annuity contract premiums
Update on the Department of Justice's new fiduciary rules
The latest state laws on intestate succession
Analysis of the Supreme Court's recent decision in Connelly v. United States, involving a situation where a closely held corporation purchased life insurance on the lives of key shareholders
The latest Health Savings Account limits
Revised summaries of income tax, capital gains tax and estate inheritance tax in every state
Key Topics covered:
SECURE Act and SECURE Act 2.0
Estate, gift, and income tax planning strategies
Business valuations and transfers
Employee compensation and benefit planning
Asset protection strategies
Insurance products and risk management techniques
Social Security, Medicare, and Medicaid eligibility and benefits
Fringe benefits
Trust structures and trust planning
Corporations and pass-through entities
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