Estate planning attorneys with an understanding on tax law can better advise their clients on their probate and estate planning needs. Our expert provides insight into tax law concepts that frequently come up for probate and estate planning attorneys, including the unified credit, unlimited marital deduction, general powers of appointment, and disclaimers.
Watch so you can:
- Know the unified credit and its exemptions
- Apply best practices for the unlimited marital deduction
- Distinguish when to use a general powers of appointment and limited powers of appointment
- Identify when disclaimers are appropriate for clients