Estate and Gift Tax

What is the goal for transferring wealth during life and upon death? Whatever your plan may be, taxes will be a part of it. However, they don’t need to be the sole factor.

Steve Murphy, chair of the private wealth services practice group at McGuireWoods, explains why taxes should not be the most important factors in the transfer of your wealth this episode of the Once Removed series. Steve provides substantive information on the importance of ultimately knowing where you fall on the estate tax spectrum and explains the exceptions that exist to assist you with management of your wealth.

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