CREATE ESTATE TAX SAVINGS

Create estate tax savings by giving a minority interest in your business to family members.  For estate tax purposes the value of a minority interest in a closely held business is often discounted 30% to 40% due to the lack of marketability and lack of management control.


TAX LOOPHOLE: BUY LIFE INSURANCE

Tax Loophole.  Buy life insurance and have the policy be in the name of a trust instead of in your own name.  Benefit:  Upon your death, the proceeds from the life insurance are not included in your estate for estate tax purposes.