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Estate planning can be a daunting task filled with acronyms like CRUT, GRAT, ILIT, and other terms that may sound like a foreign language. This guide should help decipher some of those “foreign” terms.
Estate planning is one of the most important things you can do for yourself and your family. Without any planning, assets will pass at your death according to the rules of the state that you live in. Depending on the complexity of the estate, this could create some inheritance and tax issues.
This guide provides you with a basic overview of everything you need to know as it relates to:
-Estate Planning With Business Assets
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