How do you hold title to your assets? – The answer could affect your estate plan

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Abstract: The manner in which you own — or “hold title” to — your assets can have a big effect on how and whether those assets are passed on to your heirs according to your wishes. But there are three key ways to hold title assets, each of which could affect the feasibility of your estate plan: joint tenancy with the right of survivorship; an irrevocable life insurance trust; and a credit shelter (or “bypass”) trust. A sidebar notes current and potential changes in the estate tax exemption.