It may come as a shock to the taxpayer to
learn that even a modest estate can be subject
to estate taxes and the tax on a very large
estate can exceed 50%.
But such is the fact. The estate tax was
specifically designed to reduce the amount of
wealth you may pass on at the end of your
life.
And, lest you try to avoid the estate tax by
giving away your property, the gift tax is
ready to take some of the tax you are trying
to save.
Happily, however, the law also gives you
the means and opportunity--by careful
advance planning--for conserving the
estate which you have worked a lifetime to
build.
The purpose of this book is to help you not
only to do that tax-saving advance planning,
but to obtain the optimum benefit from it.
To do this, we will put before you practical
and effective ideas to preserve your capital
assets, ideas based on the years of experi-
ence that have made the tax experts of the
K. LASSER TAX INSTITUTE renowned and
respected.
And you will not be required to be a finan-
cial expert to understand the text. Explana~
tions and suggestions are conveyed in clear,
non-technical terms. Factual examples illus-
trate almost every step.
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