Estate Planning Common Questions |
Estate Planning Basics
Estate and Gift Tax
- How can I minimize taxes on my estate?
- How will estate taxes be paid if I leave no provision in my will?
- How can I determine what my business is worth for estate and gift tax purposes?
- I just made a gift. Do I have to file a gift tax return?
- What is the applicable exclusion amount?
- I intend to make tuition payments directly to my grandchild's college, and I know this will reduce my estate. But would it be better to contribute to a 529 plan instead?
- The death benefit from insurance on my life will be paid to an irrevocable life insurance trust (ILIT). What if those funds are needed to pay my estate taxes?
- Will the value of my 529 account be included in my estate or my beneficiary's estate?
Life Insurance And Estate Planning
- Will my beneficiaries have to pay taxes on the proceeds of my life insurance policy?
- When I die, is my beneficiary required to take a lump-sum payment of my life insurance death benefit?
