Trudy Nearn, principal, Generations law firm.

Estating the Obvious

A little planning goes a long way

Asset values are down, interest rates are down, and industry experts doubt the Obama administration will allow the current estate tax exemption to expire in 2010. That combination makes a ripe environment for creating or adjusting an estate plan, and financial advisers say acting now could save thousands — if not millions — of dollars later.

Aug 1, 2008 Christine Calvin