Passing on
assets to heirs

Life Events > Passing on Assets to Heirs
Your estate is a legacy. These resources can help you make the estate planning process more efficient and effective, and one that respects your wishes.
Keep in mind:
Consider contingencies. For example, if a primary heir is unwilling or unable to receive the bequest, you could define how that person's share is to be distributed.
Understand potential tax liabilities. The federal estate tax applies to the largest estates, but state laws vary widely.
Address your philanthropic goals. You may be able to use specialized trusts to gain tax advantages and provide for heirs and favored charities.

What you need to know about your will

Learn about different types of wills and what to consider when your will is being drafted.

Estate Tax Calculator

Estimate what your estate tax liability might be.

Protect your assets with a trust

Trusts can help ensure that your assets are used according to your wishes — and may help to reduce estate taxes.

Should you give your kids an early inheritance?

Making financial gifts to your children now, instead of in your will, can be very satisfying. Here are things to consider.

Make philanthropy an important part of your estate planning

Learn how charitable gifts can be used to manage taxes, shift assets and transfer wealth.

Estate planning checklist

Review the basics of estate planning and related planning tools such as wills, estate taxes and trusts.
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