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A Decision Model For Estate Management Planning

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  • Boehlje, Michael

Abstract

Estate management planning involves the development of a comprehensive strategy to (a) insure efficient management of the estate property during and after the lifetime of the owner, and (b) create the desired legal consequences in the disposition of the property. For adequate analysis, both the creation and the transfer dimensions of the state management.problem must be considered. This paper develops a dynamic decision model that can be used to evaluate how well alternative legal and financial tools satisfy specified estate management goals. The results of computer simulation of a case estate are used to illustrate how the model could be utilized as an operational tool of an estate management planning service.

Suggested Citation

  • Boehlje, Michael, 1976. "A Decision Model For Estate Management Planning," 1976 Annual Meeting, August 15-18, State College, Pennsylvania 283819, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea76:283819
    DOI: 10.22004/ag.econ.283819
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    Cited by:

    1. Wiese, Karen A., 1980. "Interspousal property ownership and the optimization of the marital deduction in estate planning," ISU General Staff Papers 1980010108000018028, Iowa State University, Department of Economics.

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    Keywords

    Land Economics/Use;

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