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Use tax planning to protect your assets and minimize estate taxes from "summary" of Tax-free Wealth by Tom Wheelwright
Tax planning is a crucial aspect of managing your wealth. By being proactive and implementing strategic tax planning strategies, you can protect your assets and minimize the amount of taxes your estate will owe. One key aspect of tax planning is understanding the different tax laws and regulations that apply to your specific situation. By taking the time to educate yourself on the tax code and working with a qualified tax advisor, you can identify opportunities to legally reduce your tax liability. Another important aspect of tax planning is creating a comprehensive estate plan. By carefully structuring your estate plan, y...
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