Tax Strategies
Explore tax strategies for estate planning to help minimize tax liabilities and maximize wealth transfer to beneficiaries through trusts and planning tools.
What are common tax strategies used in estate planning?
Common tax strategies include establishing revocable living trusts, making annual gifts within IRS limits, and utilizing charitable giving options. These approaches can help minimize estate taxes and maximize the assets passed to beneficiaries. Understanding these strategies enables families to explore options that may reduce their overall tax burden while preserving wealth for future generations.
