This timely and practical resource contains hundreds of completed examples. Alerts and cautions highlight areas of the law and specific transactions that require special handling. More than a dozen forms facilitate estate freezing and wealth transmission techniques are included.

This treatise provides the assurance and confidence to act on every planning aspect of a client's needs with regard to Chapter 14, including:

• Personal residence trusts
• New trust evaluation rules
• Recapitalizing an established business
• Capitalizing a new business
• Lapsing rights and restrictions
• GRITS, SCINS, remainder sales, joint purchases and private annuities
• Minority discounts
• Trusts in planning for closely held businesses
• Representing spouses, siblings and multiple generations