Inheritance Advice

In Death’s certain. Taxes? Avoidable, USA Today, Aug. 24, 2007, at 4B, Mindy Fetterman provides advice on:

• How to make inter vivos gifts to reduce taxes (e.g., annual exclusion gifts, marital deduction, exemption equivalent gifts and estates, etc.), and
• How to manage an inheritance since “70% of all inheritances are frittered away in the first three years.”