Co-Authored by Attorneys:
Stephen A. Mendel, Robert A. Esperti & Renno L. Peterson
What will happen to you if you become mentally incapacitated? Who will make medical decisions for you if you cannot? Who will care for your minor children if you or your spouse cannot? Would you like to financially “incentivize” your children to achieve certain goals? Do you know that your heirs may have to pay state death taxes even if they don’t owe federal estate taxes?
The Esperti Peterson Institute has always emphasized the nontax reasons for estate planning in its Contributory Book Series. But those reasons are even more important for families today because Estate planning is more than just tax planning; it is a broad field that also encompasses family legacy, financial, retirement, disability, charitable, business succession, and gift planning. Estate planning is a process of planning to maintain control of your own well-being and assets and to take care of loved ones, as well as to save money.
Like EPI’s other contributory texts, Love, Money, & Control uses a question-and-answer format to explain basic and sophisticated concepts and strategies in easy-to-understand language. It is the product of an extensive national research and writing project that involved the participation of estate planning attorneys and financial advisors. Their research focused on the most important questions that their clients ask of them and the answers they give to help clients create meaningful estate plans. Mr. Esperti and Mr. Peterson wish to acknowledge the contributions of all the attorneys and financial advisors across America who so graciously gave of their time and knowledge to make this book possible.