Estate Planning:Probate avoidance is not tax avoidance.



Many clients are under the impression that by setting up a revocable trust they are able to avoid the estate taxes that may be due on their death. This is not the case, as estate taxes are calculated based on what assets you have control over at the time of your death, whether the asset is in your name or in the name of a trust that you still control. This article explains some further points on this issue. Read more


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