Biden wants to raise the estate tax — here are 3 ways to avoid it

Biden wants to raise the estate tax — here are 3 ways to avoid it

While many people hope to leave their family a tidy inheritance, you’re probably not intending for a big share to go to old Uncle Sam.

But a proposal in President Joe Biden's tax plan and 2019 changes to inheritance rules may see the IRS taking a larger piece of your assets.

However far along you are in your retirement planning, here’s what you can do to ensure more of your estate goes to the people you want it to.

How estate taxes are handled