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Avoiding a tax that they support

To reduce estate tax, the Clintons are using financial planning strategies befitting wealthy US households, RICHARD RUBIN reports
Wednesday, June 18, 2014 - 06:00
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All in the family: The Clintons created residence trusts in 2010 and shifted ownership of their New York house into them in 2011. - PHOTO: BLOOMBERG

[WASHINGTON] BILL and Hillary Clinton have long supported an estate tax to prevent the US from being dominated by inherited wealth. That does not mean that they want to pay it. To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top one per cent of US