If you have high-net-worth assets, you’re probably starting to decide how to pass on these assets to your heirs. Besides the who gets what, there are the tax ramifications for your heirs. Depending on your estate’s worth and when you die, these taxes can cripple your children. Your hard-earned dollars could go to the government.
The “government” means state and federal. And both could have their fingers in the pie. Is there a way to protect significant assets? And how long can you protect your wealth for future generations?
