Minimizing Estate Taxes

Most people think of estate taxes as a necessary evil that can't be avoided. And while it's true that no matter how careful you are, there are some estate tax obligations that will fall on your shoulders, there are ways to minimize the amount of tax you'll owe and even eliminate it altogether.

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A properly drafted estate plan empowers you and your spouse to minimize or even eliminate estate taxes altogether—saving your beneficiaries tens of thousands, hundreds of thousands, or even millions of dollars in the process.

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The key is knowing how much money your estate is worth, who will benefit from it after you're gone, and what kind of assets they'll inherit. From there, an experienced attorney can help draft an estate plan that minimizes or eliminates estate taxes for both spouses and their heirs by ensuring that assets are distributed in a way that reduces taxable estates as much as possible.