In This Issue

The newest versions of Cowles Trust Plus and Cowles TrusTerminator have just been released! Check out the newest features and content in version 19.0 of these products, as well as our new Will Estate Organizer Binder.

Funding the Credit Shelter Trust: Considerations on Which Assets to Use
By Colleen Cowles
You know that a credit shelter trust is the right trust for your client, but what are the right assets to use to fund that trust? This article takes you through what you need to think about when making that decision.

Legislative Update
Tax Court Rules on Marital Deduction, Valuation Discounts on Transfers to FLP; Court Denies Government's Motion for Summary Judgment in Calculation of Marital Deduction; IRS Issues Guidance on Tax Treatment for Buyers and Sellers of Life Insurance Contracts; Internal Revenue Service Tax Talk Today Program Focuses on Estate, Gift, and Employment Tax; Applicable Federal Rates for June 2009.

Cowles Tech Tips
Cowles has expanded the Estate Organizer series to include a Will Estate Organizer Binder. This binder provides a handy resource for clients who utilize a Last Will and Testament as their primary estate planning vehicle instead of implementing a Revocable Trust-based plan. This article gives you the details.

THE ESTATE PLANNER AS A WORD DOCUMENT
Access The Estate Planner as a Microsoft Word document.