To win the estate tax game, you must have a comprehensive plan. Really two plans would be best: an estate plan (death plan) and a lifetime plan (LP). The LP lays the groundwork for beating the estate tax.
The best LP is asset based. You can have four types of assets: residences; businesses; qualified funds (in a 401(k), IRA or the like); and investments, such as stocks, bonds, cash, real estate and similar assets. This article zeros in on investments, an area where almost all professional advisors are at a loss of what to do and how to do it....More