If you have considerable wealth, there are several techniques available to reduce or even avoid estate taxes. One of the things you can do is to set up a family limited liability company or family limited partnership and get a minority discount. There are other ways too. There are private annuities, there are grant or retained annuity trusts and there are techniques we can set up in your living trust, in and of itself, that will reduce substantially your estate taxes. I'm Jeff Matsen and I'm the foundering and managing partner of Wealth Strategies Council. We help people preserve, protect and transfer their legacy to the next generation in the most cost saving and efficient manner possible.
