Estate Taxes: Proper Planning Can Keep the IRS' Bite to a Nibble

Oakland Tribune | February 13, 2007| | Copyright

As the old saying goes, you can be sure of two things in life: death and taxes. And the two can come together to form a double whammy when someone passes away and bestows assets upon his or her beneficiaries - who may be subject to steep estate taxes.

Whether you're planning to pass on your property and other assets to loved ones or inherit an estate yourself, you can be sure that Uncle Sam will want a sizable piece of the pie. Understanding how estate taxes work and how to best position these assets to reduce your tax liability can save everyone involved a lot of money, time and ...

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