In Tax Planning for Sticky Situations, Danny Santucci examines issues that are often difficult for both the advisor and client. You'll get an in-depth look at problem areas in tax, bankruptcy, property settlements, debt cancellation, and foreclosure. For each issue covered, you'll learn how to evaluate, implement, and apply strategic concepts to help navigate your clients through these complicated areas. Also covered are income inclusion rules, tax treatment under §1038, calculating gain and received property basis, eldercare, estate planning, and much more.