Gifting Now Can Potentially Save Millions Later
In her book "Living History," Hillary Rodham Clinton said, "Fail to plan, plan to fail." While this advice has general application it is especially pertinent to estate planning. Consider two wealthy men, Sam Walton and Elvis Presley. After their deaths, Walton's family continued to be wealthy while Presley's did not, all because of Walton's estate planning and use of gifting assets. In fact, the Walton heirs paid no estate tax while Elvis' estate handed over 73 percent of its value to the government.
With the Tax Relief, Unemployment Reinsurance and ...


