Business Studies Journal (Print ISSN: 1944-656X; Online ISSN: 1944-6578)


Estate Planning and Taxation: Preserving Wealth for Future Generations

Author(s): Harley John

Estate planning and taxation play vital roles in preserving wealth for future generations. This abstract explores the significance of effective estate planning strategies in minimizing tax burdens and ensuring the seamless transfer of assets to heirs. It highlights key considerations, such as wills, trusts, and beneficiary designations, as well as the importance of understanding tax laws and utilizing tax-efficient strategies. By navigating the complexities of estate planning and taxation, individuals can safeguard their wealth, provide for their loved ones, and leave a lasting legacy.

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