Sunday, February 22, 2009
Protecting your assets
Article By: DEBORAH L. JACOBS
Posted By: Ryan Dennin
UNCERTAINTY about future tax rates is complicating estate planning at a time when the economic downturn offers significant opportunities.
Most methods of saving estate taxes reduce a person’s net worth through irrevocable lifetime transfers. Yet even the very wealthy are sometimes reluctant to take this step, because they worry that it will leave them short of money, said Lloyd Leva Plaine, a lawyer with Sutherland, the Washington-based firm. Market turbulence and changing political tides exacerbate those fears. Click here for rest of article.
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