This information is designed to provide only an introduction to estate planning. It should not be taken as an exhaustive treatise on this large and complicated subject. It should also be understood that ASCAP is not engaged in rendering legal, accounting, or other professional services with respect to estate planning.

We strongly encourage you to consult an attorney regarding appropriate estate planning. Although the information below is intended to assist you in planning your estate, it should not be considered tax or estate planning advice.

Bear in mind also that this material provides only general information geared to an individual taxpayer. Corporations, Partnerships and Trusts should consult their tax advisors where appropriate. Should there be any discrepancy between the information found here and information appearing in official sources such as the federal tax code, rules and regulations or IRS publications and instructions, the information in the official sources governs. This material addresses only federal taxes and not state taxes. Finally, because each taxpayer's situation may be different, you should consult your tax advisor before electing any of the options described below.

One thing that is certain about tax law is that it changes constantly. Therefore, please note that the following information is current as of January 1, 2008.

We hope that you find this information helpful.

For further information please contact us at:

ASCAP
Estates & Claims Department
One Lincoln Plaza
New York, NY 10023
Tel: 212.621.6280
Fax: 212.621.6281
EstatesClaims@ascap.com