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Key Elements of an Estate Plan: An Overview Authors: Dr. Norman L. Halsted and Rodney L. Sharp Agricultural Economists Colorado State University Funded by: Western Center for Risk Management Education
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2. PLANNING FROM THE PROPRIETY DEPARTMENT ......................2 Factors to Consider. What is a Proportionate Estimate? .......(a) Is it an Estimate? ..................(a) What is Appropriate? 3. DEBRIS DISTRIBUTION: WHAT TO DO AND WHEN ...............3 Where should it be applied? 4. DEBRIS DISTRIBUTION: EXAMINATION OF PROPOSED MULTIPLE DISTRIBUTIONS. .................4 Why are Proposed Distributions Used? . 5. PLANNING OUTLOOKS FOR THE YEAR ......................5 Future Distribution Planning. 6. PRACTICAL CONSIDERATIONS FOR DISTRIBUTIONS .....6 Considerations for Planning. 7. EFFECTS OF DISTRIBUTION ON EQUITY INCOME ..............................7 Value-Based Estimating. 8. EXAMINING PROPOSED DISTRIBUTIONS: CONSIDERATIONS FOR PLANNING THE DISTRIBUTION OF EXISTING PROPERTY. ............... 8 Distribution vs. Sale: Why Is It Useful? 9. PROPERTY RENTAL PROPOSED DISTRIBUTIONS. ......................9 Why Is This Used? 10. PLANNING WITH TROOPS IN HOSTILE AREAS ............................11 A Comparison of Two Approaches for Planning. 11. DEBRIS DISTRIBUTION: HOW TO ESTIMATE. ......................11 Estimating Debris. 12. DEBRIS DISTRIBUTION: DIFFERENCES BETWEEN RETAIL, RESIDENTIAL, AND COMMUNITY POTENTIAL DISTRIBUTIONS .....................12 Differences between the Proposed Distribution Methods. 13. PLANNING FOR ESTATE SHORTAGE. ......................13 Shortfall Planning. Plan Your Estate Today ............................................... 14 Planning for the Future .......................................... 14 How Can I Find a Real Estate Agent or Manager? ...........................14 How to Find Real Estate Information 24. How to Prepare for an Estate Sale? .................24 Considerations for Property Appraisals. 25. What Are Some Things to Consider in Planning How the Estate Will Be Established? ...24 Planning How the Land will be Leased or Sold. .......................25 Land Leases, Development Rights, and Resale Value. 26. Who Should be the Property Manager? ..........26 What Matters When an Estate Is Sold? .....................26 Considerations for Land Management. 27. Who Should Be the Property Manager? ..........

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