Estate Planning When Estate Tax is not an Issue: Planning for Estates under $10 million – May, 2020
The primary focus of estate planning is often on tax-saving strategies: however, as federal estate tax laws continue to increase federal, estate, gift and generation-skipping transfer tax exemptions year after year, it is important to point out that there are many other valuable reasons why estate planning should be a priority. Below is a summary of several non-tax examples for effective estate planning.