Illegal Eagles and Scandalous Scrimshaw
Following a wealthy decedent’s death, a primary concern of beneficiaries is the ability to generate sufficient liquidity to pay what can sometimes be a massive estate tax bill. Sophisticated pre-death estate planning approaches can create a situation in which estate tax liability is minimized, and even creative post-death planning can help keep the tax bite down. But what can be done when the tax assessment value of estate assets is high, but the ability to liquidate those assets is nil? Continue reading Illegal Eagles and Scandalous Scrimshaw
