what can I do as my father ages to lessen the amount of inheritance taxes I will have to pay upon his death? I am the sole heiri
2 Answers from Attorneys
You, nothing. Your father, talk to an estate lawyer and bring in with him a listing of his assets.
Reducing taxes can be a very complex matter. You have to take into account a variety of things, including the needs of your father. Definitely speak w/a lawyer about this matter. It is a very "fact" sensitive question.