The estate taxes will absorb most of these funds

Assignment Help Financial Accounting

Reference no: EM131219537

What if you have an estate planner and a friend is seeking advice regarding leaving property to his children. He has accumulated approximately $1 million of property that he would like to leave to his children. However, there is a concern that the estate taxes will absorb most of these funds. What type of a wealth-transfer plan would you develop that would minimize the tax consequences?

Reference no: EM131219537

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