What Is The Death Tax? Can I Minimize The Effect Of The Death Tax Through Estate Planning?

Video Transcription:

The death tax, or the estate tax, is a tax that applies when you die. Now there’s a pretty big exemption for it, but when you’re beyond the exemption, it’s a pretty big tax. It’s a 40% tax. There’s lots of planning that can be done. I got colleagues who say the estate tax is a voluntary tax. You can do nothing involuntary to pay or with some sometimes simple planning you can significantly reduce or eliminate estate tax. Have more questions? Then contact us today to schedule a free consultation! Doane & DoaneTop rated Tax & Estate Planning Attorneys