Corporate Trust: A Partner in Finance gives a practical overview of the Corporate Trust business from Jeffrey J. Powell's personal, real world perspective from over 42 years in the business. This book is a must read for attorneys, underwriters, bank management, regulators and Corporate Trust professionals who want to truly understand the inner workings of this fascinating and challenging business and the role of the Trustee as a true partner in finance. Jeffrey J. Powell is the owner of Corporate Trust Insights and on of the leading global Corporate Trust educators in the industry.

Written in clear, conversational English, this book can help anyone understand how a living trust avoids the complications, expenses, and delays of probate at times of incapacity and death.

New essays by leading figures from the judiciary, practicing lawyers and academics illuminating the worlds of trusts and wealth management.

"... provides detailed coverage of the rules governing the income taxation of estates, trusts, and their beneficiaries"--Page iii.

Planning for your family's future made easy! If you’re like most people, you want to be sure that, once you’ve passed on, no more of your property and money will be lost to the government than is absolutely necessary. You want to know that you’ll be leaving your heirs your assets and not your debts. You want to be absolutely certain that your will is ship-shape, your insurance policies are structured properly, and that every conceivable hole in your estate plan has been filled. And most of all, you’d like to do all of this without driving yourself crazy trying to make sense of the complicated jargon, jumble of paperwork, and welter of state and federal laws involved in the estate planning process. Written by two estate planning pros, this simple, easy-to-use guide takes the pain out of planning for your ultimate financial future. In plain English, the authors walk you step-by-step through everything you need to know to: Put your estate into order Minimize estate taxes Write a proper will Deal with probate Set up trusts Make sure your insurance policies are structured properly Plan for special situations, like becoming incompetent and pet care Craft a solid estate plan and keep it up-to-date Don’t leave the final disposition of your estate up to chance and the whims of bureaucrats. Estate Planning For Dummies gives you the complete lowdown on: Figuring out what you're really worth Mastering the basics of wills and probate Using will substitutes and dodging probate taxes Setting up protective trusts, charitable trusts, living trusts and more Making sense of state and federal inheritance taxes Avoiding the generation skipping transfer tax Minimizing all your estate-related taxes Estate planning for family businesses Creating a comprehensive estate plan Straightforward, reader-friendly, easy-to-use, Estate Planning For Dummies is the ultimate guide to planning your family’s future.

A comprehensive revision of the edition published in 1984, Corporate Trust Administration and Management, Fourth Edition is a completely up-to-date reference on the current practices and processes in the corporate trust function of financial service institutions, and on the emergent trends in trustee and related agency activities and responsibilities. Robert Landau thoroughly examines and analyzes the duties and responsibilities of the indenture trustee in connection with debt financing instruments of corporate and municipal entities, the administration of the indenture contract or other agreement under which the securities are issued, and the procedures and practices incident to the servicing of the debt securities. This edition incorporates the major developments and dramatic changes in capital markets that have occurred since 1984, including enactment of the Trust Indenture Reform Act of 1990 and SEC Rule 144A. Detailed in this volume are the dramatic increases in the securitization of assets and the use of asset-backed collateral and credit-enhanced financings, and the potential effect of significantly increased secondary market disclosure on trustees. Landau also discusses the emergent problems surrounding the payment of indenture trustee's fees in bankruptcy proceedings, as well as the increasing trend toward the immobilization of securities certificates and the relevant judicial decisions significantly affecting the liability of corporate trustees. Covered in this book are the three principle areas of account administration: indenture contracts, indenture defaults, and all subsequent actions, difficulties, and resolutions. This edition also addresses the management function of a corporate trust department including planning, organization and structure, training and development, and performance planning and evaluation. A separate reference section includes the complete text of the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990, an expanded set of useful forms, check sheets and sample documents, a bibliography of selected reading and reference material, and an extensive glossary of securities industry words and terms. Corporate Trust Administration and Management is not only an excellent study of corporate trust matters but a very useful reference guide, as it deals on a highly practical basis with the problems a financial services institution acting in a trustee or agency capacity is likely to face, and clearly outlines the rights and responsibilities of the trustee, the agent, and the issuer and holder of debt securities. This essential book continues to be the basic textbook and reference work for practitioners in the corporate trust field and those involved in securities industry matters.

Preparing Heirs discloses the surprising findings from the authors' research into the legacies of 3,250 wealthy families. With extraordinary insight, they reveal what the relatively small number of successful families had in common-how they achieved and maintained family harmony, and ensured the smooth transition of their wealth to well-adjusted heirs. They also warn of the wide range of factors that cause the majority of wealthy families to fail in their transition. Preparing Heirs offers clear, concise, well-organized, and easy-to-follow instructions that will enable you to evaluate your plan for transitioning family wealth. Preparing Heirs is an assessment tool that can be used in conjunction with the services of qualified professionals such as attorneys and accountants. It addresses the major causes for the 70% failure rate in estate transitions, which lie within the family itself and are within the family's control. This book can help you develop a plan to transmit the family values underlying the accumulation of wealth and prepare your heirs to be good stewards and thoughtful administrators of that wealth.