What is an Estate Plan? An Estate Plan is a way for you to determine who will be the beneficiaries of your estate. It is also a way to choose the wisest legal transfer method to avoid unnecessary taxes for those who you want to leave it to. If your estate is worth more than the amount of the Federal Personal Estate Tax Exemption or the Federal Gift Tax for the year of your death, your estate will owe taxes unless other exemptions or deductions apply. At Peace Talks, we can help you navigate through all the complicated laws to make and estate plan that meets your goals and minimize taxes. |
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