Estate Planners' Guide to Income in Respect of a Decent Book

This resource provides a comprehensive analysis of the legal and tax considerations involved in estate planning and a practice-oriented approach to income in respect of a decedent (IRD). Housed in a three-ring d-binder, the volume addresses issues like the definition of IRD, identifying the taxable recipient, the character of IRD and the amount recognized, compensation, retirement benefits, investment income, proceeds from sales, deductions, and planning for IRD. Appendices include Internal Revenue code 691 and its related regulations, a summary of relevant rulings, items of IRD, suggested language for wills and trusts, and a comprehensive example. Acker is an attorney specializing in estate planning and taxation. Annotation ©2004 Book News, Inc., Portland, OR