Inheritance tax planning timeline

https://bravo-wiki.win/index.php/Inheritance_tax_planning_timeline

You should start thinking about inheritance tax planning at least seven years before you expect to need it, since gifts given more than seven years before death typically fall outside the taxable estate. The timeline really depends on your assets and goals; for example, transferring a family business or property might take extra time for valuations and legal steps. Many people find it helpful to review their plan every few years or after major life changes like marriage or divorce, just to stay…