High Net Worth

When should wealthy families start considering advanced estate planning strategies?

Wealthy families typically explore advanced estate planning when their assets approach the federal estate tax exemption of $15,000,00026 USC 2001(c), 2010; P.L. 119-21 §70106Verified Jul 13, 2026View source. At this level, families often benefit from understanding complex tools like irrevocable trusts, family limited partnerships, and charitable giving strategies. Starting early allows more time for wealth transfer techniques to work effectively and provides flexibility to adapt strategies as tax laws change.