This note focuses on
developing an understanding of the macroeconomic factors that shape and
influence markets for real property. Topics covered includes: Residential land
markets, Residential development, Industrial location, Local government and land
markets, Regulating development, Macro analysis of housing, Time series analysis
of real estate markets, Regional growth and real estate markets.
This note covers the following topics:
Property Ownership, Tenancy in Common, Joint Tenancy, Death IntestateŚWithout a
Will, Testate Distribution, The Probate Process, Considerations in Holding or
Disposing of Property, Installment Sales, Private Annuities, Gifts During Life:
The Federal Gift Tax, Valuing Property for Federal Estate Tax, The Gross Estate,
Planning to Save Federal Estate Tax, Federal Estate Tax Planning
Strategies, Estate Settlement Costs, Liquidity Planning, Tools for Estate
Planning: Trusts, Implementing the Estate Plan.
covers the following topics: Property Ownership, Who Needs an Estate Plan,
Federal Gross Estate, Probate/Non-Probate Assets, Minnesota Estate Tax,
Deductions from Federal Gross Estate, Federal Estate & Gift Tax Rates, New MN
Estate Law Addition, Distribution of Estate Assets, Establishing A Will, Trusts:
Definitions, Types and Taxation, Revocable Living Trusts, Gifting Assets, Tax
Issues for Estate Planning, Life Insurance in Estate Planning, Steps in Estate
Settlement, Distributing Personal and Household Assets.
Author(s): Gary A.
Hachfeld, David B. Bau, and C. Robert Holcomb, Extension Educators