Estate Tax Planning: How to Avoid or Reduce Estate Tax
Estate taxes can have a significant impact on what your beneficiaries receive, and recent changes (and speculation about changes) to tax law make now a good time to review your estate planning. Recent legislative proposals under the Biden administration have made some people concerned that estate and gift tax changes could impact a broad range of families. In one example, the “For the 99.5% Act” proposes major changes to taxes for gift, estate and generation-skipping transfer taxes. It also includes an increase in gift and estate tax rates. While it’s impossible to foresee tax laws of the future, it's Read More