A grantor retained annuity trust (GRAT) may allow you to transfer significant assets to your children with favorable gift and estate tax results.
Families who successfully transfer wealth through the generations are able to identify common family values and align them with long-term goals.
When crafting your will or setting up a trust, a major decision you need to make is choosing a fiduciary. How can you make sure you identify the ideal executor of your will or trustee of a trust?
Basis planning may help lower capital gains taxes on assets you leave to your heirs—ultimately making it possible for them to enjoy more of their inheritance.