Publications | Book
Handbook of Practical Planning for Artists, Art Collectors, and Their Advisors, Second Edition
Estate Planning for the Muslim Client
By Yaser Ali and Ahmed Shaikh
Estate Planning for the Muslim Client
By Yaser Ali and Ahmed Shaikh
Islamic law provides a non-discretionary system of rules that governs the distribution of a Muslim's estate. Designing an estate plan based upon these rules presents unique challenges and opportunities. As the demand for faith-based planning increases, there is a growing need for culturally competent advisors who understand how these complex rules interplay with state and federal law. This first-of-its-kind practice guide serves as an authoritative resource for practitioners on how to ethically and effectively draft and administer estate plans for Muslim clients seeking to comply with their faith.
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Planning a client's estate can involve more than just the transfer of wealth from one generation to the next. To draft a customized plan that achieves a client's unique goals, an estate-planning practitioner must understand the client's values and convictions and, in many cases, his or her religious beliefs. For many clients, passing on these beliefs and traditions is just as important as, if not more important than, the distribution of assets.
Estate Planning for the Muslim Client provides insights, information, and practical planning solutions for clients who wish to adhere to a set of classical religious obligations while recognizing the practicalities of daily life in America. The authors highlight various planning opportunities and identify the most common issues that arise when planning for a Muslim client. Topics include:
- Meeting the Muslim client and understanding the pillars of their faith
- Ethical, legal, and public policy issues
- Estate planning during life
- Planning for incapacity and death
- Disposition of property at death
- Drafting estate planning documents, with sample forms
- Planning for individuals and assets abroad, and more
Product Details
Sponsor Groups
Section of Real Property, Trust and Estate Law
Author
Yaser Ali , Ahmed Shaikh
ISBN
9781641053266
Page Count
324
Product Code
5431065
Trim Size
6 x 9 Paperback
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