How Can I Ensure That My Assets Go to My Heirs Rather Than to the IRS?
There are several ways to ensure that your assets go to your heirs instead of the IRS, such as:
- Having a will: A will is a legal document that specifies how your assets will be distributed after your death. If you don't have a will, your assets will be distributed according to the laws of your state, which may not be what you want.
- Making a charitable gift: If you make a charitable gift during your lifetime or through your will, the value of the gift will be deducted from your taxable