So what exactly IS estate planning? When I tell people that I am an Estate Planning attorney, the usual response is "oh that's nice." The after a pause, they ask, "So what is it that you actually do? What exactly IS estate planning?" The short answer that I usually...
Estate Tax Reduction
Estate Planning 103: Taxes
As the saying goes, there is nothing certain in life except death and taxes. Although you cannot fend off death, you can make arrangements on how to reduce the amount of estate taxes you will pay upon your death. Which leads me to the final part of the Wikipedia...