Preparing for baby : all the legal, financial, tax, and insurance information new and expectant parents need
(Book)

This is a valuable resource for making valuable decisions. It provides the legal details and definitions parents need to make challenging decisions, and the Q&A format is a road map for people who don't know where or how to start. Choudhri explores questions many parents want to know but don't know who to ask. Should one hire a nanny off the books or on the books? What about an au pair? What's an UTMA and an UGMA, and which one should you get? With a law degree and several marriage and family legal titles in print, Choudhri is the expert with the answers. The icons used in the book give it the feel of the for Dummies series, and readers may have to use the key in the introduction to keep them all straight. The appendixes provide a state-by-state chart for many of the laws covered in the book, and the index is useful. Preparing for Baby is essential for public libraries, where it should be promoted to expectant parents or parents with minors.--McIntosh, Joyce Copyright 2016 Booklist

Many "preparing for baby" books give snippets of information on money concerns and maternity leave, but this title from Choudhri (What To Do Before "I Do") is like getting a crash course in all matters legal and financial. Beginning with a discussion on workplace rights and establishing baby's identity, the -author moves on to such topics as hiring a nanny, education savings plans, life and disability insurance, tax breaks for new parents, and wills and estate planning. She covers both the major questions, such as: "How much should I save for college?" and detailed queries, "Is there a statute of limitations on the IRS's ability to recover back-taxes for paying my nanny off the books?" VERDICT Clearly this work is for those parents above a certain income bracket, but savvy planners will appreciate the legal advice. With statues varying by state and constantly changing with the tax code, librarians will need to watch this one for longevity. Purchase for demand. © Copyright 2016. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

This is a valuable resource for making valuable decisions. It provides the legal details and definitions parents need to make challenging decisions, and the Q&A format is a road map for people who don't know where—or how—to start. Choudhri explores questions many parents want to know but don't know who to ask. Should one hire a nanny "off the books" or "on the books"? What about an au pair? What's an UTMA and an UGMA, and which one should you get? With a law degree and several marriage and family legal titles in print, Choudhri is the expert with the answers. The icons used in the book give it the feel of the "for Dummies" series, and readers may have to use the key in the introduction to keep them all straight. The appendixes provide a state-by-state chart for many of the laws covered in the book, and the index is useful. Preparing for Baby is essential for public libraries, where it should be promoted to expectant parents or parents with minors. Copyright 2014 Booklist Reviews.

Many "preparing for baby" books give snippets of information on money concerns and maternity leave, but this title from Choudhri (What To Do Before "I Do") is like getting a crash course in all matters legal and financial. Beginning with a discussion on workplace rights and establishing baby's identity, the author moves on to such topics as hiring a nanny, education savings plans, life and disability insurance, tax breaks for new parents, and wills and estate planning. She covers both the major questions, such as: "How much should I save for college?" and detailed queries, "Is there a statute of limitations on the IRS's ability to recover back-taxes for paying my nanny off the books?" VERDICT Clearly this work is for those parents above a certain income bracket, but savvy planners will appreciate the legal advice. With statues varying by state and constantly changing with the tax code, librarians will need to watch this one for longevity. Purchase for demand.