How to Avoid Leaving Your Loved Ones a Big Tax Bill
We all want to leave as much as to our heirs as possible, without them having to pay taxes on that inheritance. How can you ensure what's best for them after you'll be gone? In this video from an October installment of the Motley Fool Live "Financial Planning Power Hour" series, longtime contributor and Director of Investment Planning Dan Caplinger discusses the idea that the best strategy to follow is to invest for the long term and pass on shares of stock as their inheritance. Dan goes through the tax breaks as well as the obvious financial benefits of leaving as big a legacy for your loved ones as you can.
Source Fool.com
