Only the wealthiest 10 percent of the population need to be concerned with estate planning, since the estate tax has been almost eliminated for most people.

Question

Quizplus · Accepted Answer

While the estate tax exemption has increased significantly in recent years, it still exists and affects more than just the wealthiest 10 percent of the population. Additionally, estate planning involves much more than just minimizing estate taxes and can be beneficial for individuals with more modest estates as well.

Only the Wealthiest 10 Percent of the Population Need to Be