In the intricate world of personal finance, few concepts hold as much potential to safeguard and grow one’s wealth as strategic estate planning. Read more
Family Limited Partnership
If you’re part of the baby boomer generation, you may be in the process of making plans to pass on any assets you have to your children and other beneficiaries. Read more
Federal estate taxes were created in 1916, taxing estates valued at over $5 million. This amount changed to $50 million in 1932. In 1940, it dropped to $10 million, then $5, then $3. In 2002-2007 estates worth more than $2 million paid the tax. Read more
