If your family has substantial wealth, you can work to reduce that liability in a number of ways. Lifetime giving can minimize tax incrementally through a program of annual exclusion gifts or more dramatically through substantial taxable gifts. In some cases even greater transfers are possible through leveraging techniques such as grantor retained annuity trusts (GRATs) and installment sales or loans to intentionally defective grantor trusts. We have a broad range of experience helping clients select and then implement a variety of lifetime transfer techniques.