Farm Estate and Business Planning

Review

This book provides detailed information on a comprehensive range of topics related to estate planning.  It covers the effects of different types of ownership, federal estate tax considerations and tax savings options related to various estate planning tools.  This book outlines the benefits and limitations of a wide variety of property transfer methods including installment contracts, trusts and gifts.  Harl also reviews the effective use of life insurance.  He compares the use of various business arrangements with an emphasis on farm corporations.   The conclusion of the book includes a comprehensive review of the steps one should follow in the estate planning process.