The federal estate tax exempt amount is scheduled to drop to $1 million in 2011. The current estate tax rate is 45% on each dollar over this exempt amount that you attempt to leave for your children. The state of Michigan needs money and will undoubtedly adopt an inheritance tax in the future. You have two choices: to pay the money to state and federal governments to spend as they see fit or to maximize the amounts inherited by your children so that they may make their own life choices as to what is important. We help you balance your needs for financial resources during your lifetime and the minimization of taxes related to the transfer of your wealth to your descendents. In addition, we also help you protect future descendents from their immaturity, losses from future divorces and possible creditors. Family planning involves a lot more than simple trusts and other documents. What are the investment opportunities that can be retained for the benefit of future generations? How can a family business be solidified to ensure support for future generations? How can the family farm be preserved? How can a charitable passion be supported by future generations and in the process maximize income and estate tax opportunities? We have the creativity and expertise to guide you through this complicated process. You need Kreis Enderle.