Estate planningÂ as an individual is complicated enough, but planning for it in a marriage can create greater difficulties. Working as a unified partnership for your joint estate’s future means that you both will have priorities you want to bring into … Continue reading →
The post How Does an Estate Tax Marital Deduction Work? appeared first on SmartAsset Blog.
Trusts can be a useful tool for estate planning if youâd like to preserve assets for loved ones while minimizing estate taxes. A qualified domestic trust (QDOT) is a specific type of trust that can offer tax benefits for married … Continue reading →
The post Qualified Domestic Trust (QDOT): Marital Deduction appeared first on SmartAsset Blog.