Historically, only the very wealthy engaged in generation-skipping estate planning. Families and individuals who do not think of themselves as "very wealthy," however, also can reap significant benefits from this type of...more
The amount that you can give to your children during life or leave to them after death estate tax-free currently is at a historically high level.
As of January 1, 2021, an individual can give or leave $11.7 million and a...more