Estate planning strategies: Not for just the wealthy

If you aren’t confident about whether your family would have to pay federal estate taxes if you died tomorrow, chances are you can gain confidence. Unless your estate was worth more than $5,430,000, it likely would not incur federal estate taxes. (If you’re married and federal estate taxes remain a concern, keep in mind that proper planning may allow you and your spouse to shield up to $10,860,000 from these taxes.). However, if federal estate taxes aren’t an issue, you may be wondering wh