How can I minimize the tax liability of my estate?

There are a number of strategies that can be incorporated into Wills and other documents to minimize the tax liability of an individual’s estate. These include creating trusts at a person’s death to make use of the unified credit, the possible use of a life insurance trust, and more advanced strategies such as the use of family limited partnership, limited liability companies, personal residence trusts, grantor retained annuity trusts, and the like.