The federal estate tax was established back in 1916. What would you do if you knew that your estate was going to be subject to the estate tax? A logical person would consider lifetime gift giving, and this is exactly what wealthy people did after the estate tax was enacted. Tax minded legislators were not… Read more »
If everyone took the time to talk to an estate planning lawyer, most of the common estate planning mistakes around today would disappear. The reality is, however, that most people never get around to taking estate planning seriously, much less talk to an expert, so mistakes are common. Here is a list of some of… Read more »