There are a number of strategies that can be used in estate planning to reduce tax consequences. A grantor retained annuity trust (GRAT) is an instrument that can potentially allow a person to transfer wealth to the next generation with minimal or no gift tax...
The Law Firm Where the Family is our Focus
Month: January 2021
Preparing Estate Planning Documents During the COVID-19 Pandemic
Given the uncertainties of the coronavirus pandemic, estate planning is more critical now than ever. No matter your age or health condition, there are specific documents that everyone should have in place to ensure peace of mind. Although COVID-19 and social...