Stephan Leimberg – författare

Tools and Techniques of Estate Planning covers all aspects of estate planning, from behavioral and ethical issues to estate and gift tax planning, to planning for nontraditional couples and the risk of health issues for aging clients. With topics that are applicable for both large and small estates, this title enables estate planners to:

Help clients plan every aspect of their estate, including tax, investment, insurance, and estate administration decisions; Help clients effectively preserve their assets under current law; Handle a wide variety of estates and specific circumstances; and save significant amounts of time with exclusive estate planning tools.

This book features easy-to-understand, real-world examples from expert authors on which techniques are best suited for a wide variety of circumstances, and equally important advice on how to avoid future problems.

New in the 21st Edition:

Thoroughly updated including the latest Secure Act 2.0 changes and five new chapters. SECURE Act 2.0 Proposed Regulations and Secure 2.0 Act changes, such as the new required minimum distribution ages Employee Stock Ownership Plan changes when RMDs must be paid out after the death of the account holder proposed regulations interpreting the 10 year rule differently when decedent dies before reaching the required beginning date versus after o starting in 2024, additional incentives if the trust is a conduit trust for a surviving spouse starting in 2024, how Roth employer plans won't be subject to mandatory distributions during their lifetime how SECURE Act 2.0 encourages expansion of vesting, eligibility and establishment of qualified retirement plans o a provision that incentivizes small employers to make military spouses eligible for plan participation and matching sooner than they would otherwise have to A new chapter 32, Spousal Lifetime Access Trust (SLAT), including the advantages and disadvantages and potential uses A new chapter 35, Beneficiary Deemed Owner Trusts, explaining the advantages of a BDOT, including how they allow the shifting of the income tax burden to the powerholder without having to make a distribution A new chapter 44, Using Formula Powers of Appointment/Optimal Basis Increase Trusts (OBITs), discussing how it can be used to avoid a step down in basis and an increase in estate or GST tax A new chapter 60, Planning with Roth Retirement Accounts, which explains the two key advantages of Roth IRAs over traditional IRAs, as well as the impact of conversions on the beneficiary designation and estate plan and how trusts for the two types of plans may be drafted differently A new chapter 66, Community Property Trusts, identifying the advantages and disadvantages of creating these trusts A fully revised chapter on Planning with S Corporations, including recent IRS taxpayer-friendly guidance on inadvertent S corporation terminations with simplified procedures An update on state laws, including the states that have adopted the Revised Uniform Limited Liability Company Act and states that still have inheritance and/or estate taxes, as well as states that now permit “legal suicide” Revisions to the chapter on planning opportunities for family members are not U.S. citizens, including a list of countries that have estate or gift tax treaties with the United States

Topics Covered:

Overview of estate planning, including ethical and malpractice issues Ownership and transfer of property, including Uniform Transfer to Minors Act, power of appointment, wills and probate Estate taxes, gift taxes and generation-skipping transfer tax Trusts including grantor retained interest trusts, QTIP trusts and marital deduction trusts Life insurance, including life insurance trusts Business transfers such as split interest purchase of property, buy-sell business agreements, limited liability companies and S corporations Retirement issues such as pension plans, 401k plans, individual retirement plans and SEPs Planning for aging and health care challenges, including health care documents and issues related to blended families Valuations of assets, including digital assets, as well as issues related to non-U.S. persons

As with all of the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of estate planning and confidently meet their needs.

Part of the popular Tools & Techniques Series and Leimberg Library, the 14th Edition of The Tools & Techniques of Financial Planning covers all aspects of financial planning, including budget and cash management, credit and debt management, education funding, retirement planning, tax and investment issues, risk management, and estate planning. Complete with the key principles, processes and practices of financial planning, this must-have resource offers planners a well-organized approach for developing financial planning strategies and meeting client objectives.

In addition to providing helpful charts, handy checklists, and insightful case studies, The Tools & Techniques of Financial Planning features:

Clear, easy-to-read descriptions of all aspects of financial planning, including cash and budgeting issues, education and retirement planning, risk management, investment, estate and insurance planning, and tax issues In-depth discussions of fundamental concepts like business law, property ownership and economic principles A comprehensive guide to calculating time value of money with keystroke solutions and practical examples Professional ethics for major professional organizations and practice standards in the financial planning field Helpful examples show how concepts apply for real-world planning scenarios Detailed citations that provide jumping off points for more detailed research needs

New in the 14th Edition:

Newly revised chapter on Time Value of Money which includes the basic concepts of TVM and step-by-step calculator instructions to solve TVM calculations Updated tax and accounting information, including updated statistics and government policy information Updated insurance and risk management content

Key Topics Covered:

Time Value of Money CFP Standards Budget and cash management Credit and debit management The planner-client relationship

As with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of financial planning and confidently meet their needs.

Explore all aspects of employee compensation and benefits with The Tools & Techniques of Employee Benefit and Retirement Planning. This must-have resource provides real-world examples of compensation options, healthcare, life insurance strategies, and fringe benefits to help you understand the important and sometimes unexpected consequences of different planning approaches. Each approach is explained in clear, easy-to-understand language that takes you through the legal and regulatory requirements for instituting and maintaining benefits while also explaining the tax consequences of different approaches. For those looking to learn more about employee benefits and retirement planning topics, this book additionally includes detailed references to source material to provide jumping-off points for conducting deeper research. Fundamentals of Writing a Financial Plan, Second Edition provides a totally revised and unique approach to helping aspiring financial planners write a comprehensive financial plan. The book outlines how the CFP Board of Standards, Inc. 7-step planning process can be applied when writing a comprehensive financial plan for an individual or family.

The book not only highlights various elements involved in comprehensive financial planning, including estate, tax, cash flow, education planning, and much more—but also introduces important behavioral perspectives and communication techniques. As a way to synthesize these pieces and learn how the plan writing process unfolds, students follow a running case—the Hubble family.

What’s New:

An updated chapter on COVID-19 related tax changes for employee benefit plans Updates resulting from the SECURE Act Employee retention credit under the CARES Act New details on use and rollover of medical and dependent care FSA plans Updated ERISA compliance and reporting requirements, including Form 5500 information Updated materials that address CFP Board's new Client Psychology learning outcomes. Videos that can be used to illustrate client communication and counseling techniques. Revised and expanded test bank. Updated Excel package.

Key Highlights:

A thorough review of the new 7-step systematic financial planning process. A description of the regulatory environment in which every financial planner operates. An in-depth discussion of client communication and counseling techniques. Financial planning approaches that can be applied to a variety of clients and client circumstances. A chapter-by-chapter focus on analytical tools and techniques that can be used to evaluate client data. An example of a complete written financial plan with explanations about how analyses lead to the recommendations. Chapter-based learning aids, including access to a fully integrated Financial Planning Analysis Excel package and other online support materials, including video examples of client communication and counseling strategies. Instructions on how to do calculations essential to creating a financial plan. Numerous self-test questions to test comprehension of material. Describes all aspects of employee benefits planning Contains detailed discussions surrounding the relevant planning considerations, regulatory requirements, and tax consequences for each topic Includes benefits that can be used for all types of employees, including full- and part-time employees, entry- and mid-level employees, temporary employees, and executives Explains both qualified and unqualified benefits Outlines both immediate and deferred compensation strategies Describes important regulatory and tax considerations for employee benefits such as healthcare, employer-provided life insurance, and retirement plans

Topics Covered:

Brief descriptions of the benefit planning tool or technique being discussed. Summaries of the client situations where the particular technique is most often beneficial, including the advantages and disadvantages of each technique. Design features of the technique and the planning options that are available. Tax implications describe the federal income, estate and payroll tax implications of the technique to both employer and employee; some state tax aspects are also noted where appropriate. ERISA and other compliance requirements summarizes the ERISA reporting and disclosure, funding, and other non-tax federal regulatory requirements. Instructions on how to install the plan provides a summary of the steps that must be taken for an employer to adopt and implement the plan. “Where Can I Find Out More?” provides a list of references for further study and information. “Frequently Asked Questions” discusses some specific problems (and their solutions) that are often encountered by planners in connection with the benefit plan.CFP Board’s 7-step financial planning process. Step-by-step guide to formulating a financial plan and presenting it to a client. Guides for different types of financial planning such as life insurance planning, long-term care insurance planning, and retirement planning. Comprehensive Hubble case.

The Tools & Techniques of Investment Planning, 5th Edition is an easy-to-read desktop companion for financial planning practitioners. It demystifies the process of investing by providing practical insights into the strengths and weaknesses of different investment approaches and asset classes, and highlights strategies for managing portfolios in the contemporary investment climate.

This book emphasizes not only perspective, but also how to apply investment theory to support unique client objectives, and to assign investments based on the financial risk reward continuum and any client's appetite for risk.

This must-have resource includes:

Detailed descriptions of complex investment products and strategies Easy-to-read explanations of how various investment products work and when they should and should not be employed Clear, thorough examples showing exactly how various investment products and strategies generate income and gains in volume, and how these gains can be incorporated into investment strategies to meet specific real-world goals Comprehensive explanation of investment-related tax concepts, enabling investors and planners to devise tax-efficient strategies in conjunction with client's tax and legal professionals Thoughtful, independent advice about the best products and strategies for specific situations

What's New in this Edition

The latest tax changes associated with SECURE Act 2.0, the SECURE Act and the Tax Cuts and Jobs Act, including the tax and beneficiary rule changes and how those changes apply to the investment activities of individuals, trusts, estates, and IRA beneficiaries. Tax and planning updates under SECURE Act and SECURE Act 2.0, in particular changes on IRA beneficiary planning strategies that were removed. New content around Portfolio Management Strategies, including Environmental, Social, and Governance Investing, as well as Market Cycles, Sector Rotation investing, and Core-Satellite approaches. Tax rate, capital gain, and tax structure updates with 2024 numbers. Updated and enhanced examples provide real-world investment scenarios that help readers to understand how investment performance is achieved and monitored.

With the passage of the SECURE Act in late 2019 and the SECURE Act 2.0 of 2022, financial advisors, planners, and insurance professionals are in need of up-to-date, reliable tools and expert insights into income tax planning techniques.

Every area of tax planning covered in this book is accompanied by the tools and techniques you can use to:

Help your clients successfully navigate the latest income tax rules and regulations; Quickly simplify the tax aspects of complex planning strategies; and Confidently advise your individual clients as well as small- and medium-size business owners.

You'll find:

Detailed explanations of complex real-world tax issues Easy-to-read explanations of how various tax strategies work and when they should and should not be employed Clear, thorough examples that show exactly when certain tax rules apply and how planners can help their clients avoid “tax traps” that can lead to unexpected and unnecessary tax liability Comprehensive explanation of investment-related tax concepts, which help investors and planners devise tax-efficient strategies Thoughtful, independent advice about the best strategies for specific situations

New in the 8th Edition:

Updated SECURE Act chapter and a brand new chapter on the SECURE 2.0 Act, including legislation updates through the year 2033 New SECURE 2.0 Act chapter includes legislation updates on topics such as catch-up contributions, Roth IRA plan changes, and automatic enrollment Details on IRS and DOL regulatory changes Updates to keep all chapters up-to-date, such as changes to form 1040 made in 2018 for Chapter 7 and new like-kind rules from 2018 for Chapter 29 Updated advice on retirement planning issues, the unwinding of COVID-19 legislation, and changing RMD withdrawal and penalty requirements New plan contribution and catch-up provisions, including updated student loan matching options and Roth contribution options for SEP and SIMPLE retirement plans Updated plan and IRA distribution options including new 10% penalty waivers, and new withdrawal types for domestic abuse, family emergencies, 529 Roth conversions, and more Litigation updates

Key Topics Covered:

SECURE Act and SECURE Act 2.0 Contribution limitations, including Roth IRAs and mandated employer contributions Capital gains and losses, including both long-term and short-term gain Tax planning for small and medium-sized businesses as well as individuals Information on tax filing, including filing status, when to file, and failure-to-pay penalties Asset planning and retirement planning, including required minimum distributions

Explore all aspects of employee compensation and benefits with The Tools & Techniques of Employee Benefit and Retirement Planning. This must-have resource provides real-world examples of compensation options, healthcare, life insurance strategies, and fringe benefits to help you understand the important and sometimes unexpected consequences of different planning approaches. Each approach is explained in clear, easy-to-understand language that takes you through the legal and regulatory requirements for instituting and maintaining benefits while also explaining the tax consequences of different approaches. This comprehensive resource:

Describes all aspects of employee benefits planning,Contains detailed discussions surrounding the relevant planning considerations, regulatory requirements, and tax consequences for each topic,Includes benefits that can be used for all types of employees, including full- and part-time employees, entry- and mid-level employees, temporary employees, and executives,Explains both qualified and unqualified benefits,Outlines both immediate and deferred compensation strategies, andDescribes important regulatory and tax considerations for employee benefits such as healthcare, employer-provided life insurance, and retirement plans.

For those looking to learn more on employee benefits and retirement planning, this book additionally provides detailed source material references to serve as jumping-off points for conducting deeper research.

New in the 17th Edition:

A new chapter on COVID-19 related tax changes for employee benefit plansUpdates resulting from the SECURE ActEmployee retention credit under the CARES ActNew details on use and rollover of medical and dependent care FSA plansUpdated ERISA compliance and reporting requirements, including Form 5500 informationUpdated tax information, including the new 2021 COVID-19 stimulus and CAA bills

Topics Covered:

Cash and equity compensation Deferred compensation, including qualified retirement plansHealth insurance planningShort and long term disabilityLife insurance for employees, owners, and officersEmployee benefit ethics and compliance issues Defined contribution and defined benefit plansAnd more! See the “Table of Contents” section for a full list of topics

As with all the resources in the highly acclaimed Leimberg Library, every area covered in this book is accompanied by the tools, techniques, practice tips, and examples you can use to help your clients successfully navigate the complex course of employee benefit and retirement planning and confidently meet their needs.

Helps client-focused advisors and planners establish risk management and insurance planning techniques Combines an exploration of risk analysis and risk mitigation techniques with a comprehensive overview of insurance planning strategies Focused on individual and small business clients Instructor materials including PowerPoints, learning objectives, and more

New in the 5th Edition:

Updated Cyber Insurance for Business and Personal risk exposures The sharing economy and its impact on Business and Personal risk exposures Updated content on personal and business auto policies, including coverage for ride-sharing activities Updated coverage information for managing healthcare cost risks for individuals and businesses, including ACA mandates, disability, and long-term care policies All new Instructor Material: test banks, PowerPoints, learning objectives, and more.

Topics Covered:

Different types of insurance (such as Homeowners or Auto Insurance [Personal or Business]) Health insurance options Commercial property and liability Coverage information including ACA mandates, disability, and long-term care policies Cyber Insurance for Business and Personal use