How does the power couple that supports the estate tax, avoid it themselves? The Clintons are reducing their future estate tax by using planning strategies common to the ultra rich, including creating residence trusts to move their home ownership to, taking advantage of a qualified personal residence trust, and creating a life insurance trust.
See Richard Rubin, Wealthy Clintons Use Trusts to Limit Estate Tax They Back, Bloomberg News, June 17, 2014.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
