 |
Estate Planning Forms and Memos
Useful Forms and More Detailed Memos |
|
Estate Planning Forms and Memos
Useful Forms and More Detailed Memos |
| Viewing Adobe Files - The memos, forms, questionnaires are in Adobe Acrobat's portable document format (.pdf). These were created using version 8.0, but earlier versions should also work. For instructions on viewing these files, click here. |
|
Click on the title to download the document. These memos and articles are intended to be educational, but they are not intended to provide legal advice for any particular person or situation. Information contained in these memos is NOT an acceptable substitute for personal legal advice from an attorney who is (1) licensed in the state where you live; (2) experienced in the appropriate area of law; and (3) familiar with the details of your situation.
|
|
| Short Title | Description |
| Allocating Assets to Subtrusts on the First Death | An A/B or A/B/C trust needs to be divided into subtrusts upon the death of the first settlor to die. [Large file.] |
| Asset Protection | Describes techniques used to protect assets from creditors, such as offshore asset-protection trusts and Nevada's self-settled spendthrift trust. |
| Beneficiaries and Fiduciaries | Discussion of how to (1) identify beneficiaries for a will or trust and to describe how distributions are to be made to them and (2) select fiduciaries, including executor, trustee, guardians, etc. |
| Business Succession Planning | How to transition a closely held business to family or key employees |
| Charitable Giving | Should charitable giving be part of your estate plan? |
| Charitable Remainder Trust Management | Instructions to the settlor and to the trustee of charitable remainder trust. |
| Charitable Remainder Trust and Irrevocable Life Insurance Trust | Benefits that come from using a life insurance trust in combination with a charitable remainder trust |
| The Distribution of Your Estate | A memo to help you provide an outline or memorandum to your attorney explaining how, when, and on what conditions your estate assets are to be distributed. |
| Establishing Legal Domicile in Nevada | Memo outlining the steps to take to establish legal residency in Nevada. |
| Estate Planning Distributions | 2-page memo regarding the ultimate distribution of your estate, summarizing different ways that you can have your assets divided and distributed. |
| Estate Planning Goals and Tools | Memo outlining estate planning objectives and the means to achieve them. [20 pages; large file.] |
| Estate Planning Objectives | 2-page memo that answers the question, "Who will get my property when I die?" |
| Estate Planning Overview | Four-page memo outlining estate planning tools. |
| Estate Planning Using Business Entities | Methods of reducing the estate tax value of business entities and assets held in business entities. |
| Fees for Trust Preparation | Memo discussing estimated fees for preparing living trusts. |
| Fee Policies | Policies of the Rushforth Firm relating to billing fees and costs for legal services. |
| Fiduciary Inventory and Accountings | Memo to a court-appointed Executor, Administrator, Guardian of the Estate, or a Trustee of a Testamentary Trust regarding the inventory and account reports that should be filed. |
| Generation-Skipping Trusts | Trusts can be designed to "skip" taxation in one or more generations. This can save taxes for children and grandchildren. "Dynasty" trusts are those that endure for several generations (up to 365 years in Nevada). |
| Nevada Health Care Power of Attorney | Memo explaining how to complete the Nevada durable power of attorney for health care form. [For the form, click here.] |
| Irrevocable Life Insurance Trust (ILIT) Overview | Memo outlining the purposes and design of an irrevocable trust designed to hold life insurance (referred to as an "irrevocable life insurance trust" or "ILIT"). |
| Irrevocable Life Insurance Trust Management | Memo to the settlor and to the trustee of an irrevocable trust that is designed to be the owner of life insurance (referred to as an "irrevocable life insurance trust" or "ILIT"). |
| Marital Property Agreements | An estate planner's perspective of why a prenuptial or postnuptial agreement relating to income and property is important to avoid disputes when one spouse becomes incompetent or dies. The same principles apply to unmarried domestic partners ("significant others"). |
| Nevada Asset Protection Trust | Memo outlining asset protecting using a self-settled spendthrift trust under Nevada law. |
| Post-Mortem Planning | Memo outlining tax-planning options after death, including methods for fixing problems arising from lack of planning or poor planning. |
| Probate in Nevada | Outline of Nevada probate procedure. Explains probate procedures in general, which may apply in other states, too. |
| ¿Quién recibirá mis bienes cuando yo muera? | Breve explicación de cómo los bienes pasan de una generación a la próxima cuando uno muera. (2 páginas.) |
| Spendthrift Trust Asset Ownership | The explains how the assets of a Nevada self-settled spendthrift trust (Nevada asset protection trust) should be owned. |
| Starting a Corporation | Basic information about starting a corporation. |
| Starting a Limited-Liability Company | Basic information about starting a limited-liability company. |
| Stealth Wealth | Explains how to keep assets confidential and private and why that may not be the best idea. |
| Tax Planning in Revocable Trusts | Explains how revocable trusts established by couples and others can divide into subtrusts (A/B trust or A/B/C trust) to save estate taxes. [Large file.] |
| Will checklist | Use this form to see if your will covers all the bases. |
| Your Duties as Personal Representative | Memo outlining the duties and responsibilities of a court-appointed personal representative (executor or administrator). |
| Your Duties as Trustee after the Settlor's Death | Memo outlining the duties and responsibilities of a trustee of a living trust after the death of the trust's settlor (creator). |
| Your Duties as Trustee during the Settlor's Incapacity | Memo outlining the duties and responsibilities of a trustee of a living trust while the settlor (creator) of the trust is incapacitated. |
|
|
|
| Short Title | Description |
| Affidavit of Entitlement | Affidavit used to collect the personal property of a deceased person if the estate is $20,000 or less. [NEVADA ONLY.] |
| Nevada Health Care Power of Attorney | Combined form: (1) durable power of attorney for health care; (2) directive relating to long-term care; (3) directive relating to life support; (4) directive relating to organ donations; and (5) instructions relating to a memorial service and the ultimate disposition of mortal remains. [Based on Nevada law, but some provisions may be useful elsewhere.] (For the memo containing instructions as to how to complete the form, click here.) |
| Nevada Declaration of Domicile | Memo outlining the steps to take to establish legal residency in Nevada. |
| Nevada Probate Checklist | Checklist for handling a probate proceeding in Nevada. Jointly prepared by Layne Rushforth and Don Ashworth. (Mr. Ashworth is a former Probate Commissioner in Clark County, Nevada.) |
| Supplemental Schedule | Form to supplement and update the schedule of assets belonging to a revocable trust. |
|
|
|
| Short Title | Description |
| Asset Checklist for Estate Planning | Checklist used to make an inventory of all assets owned. |
| Buy-Sell Questionnaire | Questionnaire for business owners entering into a buy-sell agreement. |
| Charitable Lead Trust (CLT) Questionnaire | Questionnaire for creating a charitable lead trust. |
| Charitable Remainder Trust (CRT) Questionnaire | Questionnaire for creating a charitable remainder trust, including a charitable remainder unitrust (CRUT) and a charitable remainder annuity trust (CRAT). |
| Corporation Questionnaire | Questionnaire for starting a corporation |
| Estate Planning Questionnaire | Questionnaire for information needed to prepare a will or living trust. |
| LLC Questionnaire | Questionnaire for starting a limited-liability company. |
| Marital Property Agreement Questionnaire | Questionnaire for a prenuptial or postnuptial marital property agreement. Also used for unmarried domestic partners ("significant others"). |
| Probate Questionnaire | Questionnaire for starting a probate proceeding in Nevada. |
|
To view the memos and forms:
|
E-mail address:
office@rushforth.net
Your comments and suggestions will be greatly appreciated.
