Homework Help- Create an estate planning strategy, showing versatility of thought, that will minimize estate and gift tax liability over the course of the client’s life span, potentially another 30 years.

Homework Help- Create an estate planning strategy, showing versatility of thought, that will minimize estate and gift tax liability over the course of the client’s life span, potentially another 30 years.

Introduction A. Create an estate planning strategy, showing versatility of thought, that will minimize estate and gift tax liability over the course of the client’s life span, potentially another 30 years.
Assure that as little future tax liability as possible accrues to his children.

 B. Utilize family limited partnerships to accomplish long-term minimization of the client’s tax liability.

Consider the mechanics of these estate planning vehicles and the appropriate authority to cite.

 

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