2021 Field Guide

The perfect desktop reference source, classroom training aid, or briefcase companion to share with clients or other advisors, Field Guide to Estate & Retirement Planning, Business Planning & Employee Benefits is an easy-to-use, practical reference that helps professionals identify and understand a broad range of key concepts and techniques used in estate, business, and employee benefit planning. 

Organized in a unique and convenient question & answer format, this resource helps professionals find exactly what they’re looking for quickly and easily to solve clients’ important planning issues in a timely manner. This resource features: 

• Three key sections dealing with the subjects of estate and retirement planning, business planning, and employee benefits
• Numerous drawings and charts to assist readers in identifying and understanding many of the concepts most frequently encountered when working with clients and other professionals
• Cross-references to editions of Tax Facts on Insurance & Employee Benefits and Social Security & Medicare Facts
• Baseline information needed to prepare an analysis and proposal for your client (“Information Required For Analysis & Proposal”) and extensive footnotes to support further research needs
• Terms & concepts with expanded discussions of the materials previously referred to in the text and footnotes
• And more!

New in the 2021 Edition:

• New information on the SECURE Act changes to qualified retirement plans
• COVID-19 related updates, including coverage of the CARES Act, Families First Coronavirus Response Act, and regulatory changes
• New questions & answers on PPP and EIDL loans
• An updated section covering using intra-family loans in a low interest rate environment
• Additional information on the use of split-dollar arrangements, including multi-generational techniques
• A guide to reviewing older life insurance policies and policy management techniques

Topics Covered:

• Estate, gift, and income tax planning strategies
• Business valuations and transfers
• Employee compensation and benefit planning
• Asset protection strategies
• Insurance products and risk management techniques
• Social Security, Medicare, and Medicaid eligibility and benefits
• Fringe benefits
• Trust structures and trust planning
• Corporations and pass-through entities
• And More! See the “Table of Contents” section for a full list of topics

Recognizing that we live in a world of visual communication, numerous drawings and charts have been included to assist readers in identifying and understanding many of the concepts which are most frequently encountered when working with clients and other professionals.