It may come as a shock to the taxpayer to

learn that even a modest estate can be subject

to estate taxes and the tax on a very large

estate can exceed 50%.

But such is the fact. The estate tax was

specifically designed to reduce the amount of

wealth you may pass on at the end of your

life.

And, lest you try to avoid the estate tax by

giving away your property, the gift tax is

ready to take some of the tax you are trying

to save.

Happily, however, the law also gives you

the means and opportunity--by careful

advance planning--for conserving the

estate which you have worked a lifetime to

build.

The purpose of this book is to help you not

only to do that tax-saving advance planning,

but to obtain the optimum benefit from it.

To do this, we will put before you practical

and effective ideas to preserve your capital

assets, ideas based on the years of experi-

ence that have made the tax experts of the

K. LASSER TAX INSTITUTE renowned and

respected.

And you will not be required to be a finan-

cial expert to understand the text. Explana~

tions and suggestions are conveyed in clear,

non-technical terms. Factual examples illus-

trate almost every step.