Marital Deduction Trusts allow a surviving spouse to defer federal estate taxes while enjoying the use and benefits of trust property. The federal estate tax marital deduction is one of the most important tools available to a married couple as the couple plans their estate. The deduction allows a married...
Category: Asset Protection
What are Family Limited Partnerships and LLCs?
Family Business Entities are commonly used in estate plans of families with complex business assets and are an important tool to accomplish the long-term estate, business and tax planning goals of the family. Purpose. Income, gift and estate tax planning and tax savings through valuation discounts Centralized management of assets...