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On the Back Cover
Because You Can't Take it with You Getting Started in Estate Planning "I think it's irritating that once I die, 55% of my money goes to the United States government.... When you leave a house or money to people, then they're taxed 55%, so you've got to leave them enough so that once they're taxed, they still have some money." -- Oprah Winfrey (from The Wall Street Journal, July 28, 1999) Few of us are as rich as Oprah, but whether your estate consists of an old Ford Thunderbird, your beloved dog, or millions of dollars in property and cash, in most cases, it will be left behind after you're gone. As baby boomers approach retirement age and 401 (k) plans, stock options, and inherited wealth continue their dramatic growth, estate planning is increasingly necessary. Unless of course, you are content to leave your assets to your silent heir--the IRS. Getting Started in Estate Planning helps you take control of the planning process by sharing easy to-understand, proven strategies that everyone can use, either alone or with a professional planner, to protect their heirs for the future. Personal finance columnist Kerry Hannon helps you stop procrastinating and start establishing your goals, with guidance on such critical issues as:
About the Author
KERRY HANNON is an expert money columnist for iVillage.com, the women's Internet network. She is a former personal finance columnist for USA Today and editor and writer for U.S. News & World Report, Kiplinger's Personal Finance, Money, and Forbes. Hannon speaks regularly on personal finance topics and has a monthly radio show called Financial Fitness, in Washington, D.C., on Chancellor Radio stations. Her prior books include The 10-Minute Guide to Retirement for Women, and Suddenly Single: Money Skills for Divorcees and Widows (Wiley).
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