Ballot Initiative
Learn how ballot initiatives shape estate planning laws and trust regulations. Discover their impact on family legacy planning and estate tax changes.
What are ballot initiatives and how do they affect estate planning?
Ballot initiatives are direct voting measures that allow citizens to propose and vote on new laws or constitutional amendments. These initiatives can significantly impact estate planning by changing trust laws, estate tax rates, or inheritance regulations. When ballot initiatives pass, they may create new opportunities for estate planning strategies or modify existing requirements that affect how families structure their legacies.
