Inheritance Tax Prevention (1) Use the calendar year taxation system to wisely bequeath your property to the next generation. Basic Knowledge of Gift Taxes
Living wills are gaining attention as a way for individuals to distribute their own assets to family members or loved ones prior to their death. It is a means of reducing the burden of inheritance taxes and ensuring a smooth transfer of assets, but it requires knowledge of the taxation system and laws, and requires systematic preparation. This article discusses the benefits of living wills and...