Written by a nationally recognized legal tax expert, it gives a clear picture of the basic standards set by the IRS on how an estate is taxed. The author offers sound, accessible advice on how taxpayers can keep as much of their assets as possible. Full of ideas for saving on estate, gift and generation-skipping transfer taxes. Sample forms and practical “how-to” checklists provide additional assistance on estate planning. Covers such topics as powers of attorney, trusts, wills, gifts and more.