Which statement best describes how charitable planning strategies affect estate taxes?

Which statement best describes how charitable planning strategies affect estate taxes?

• A. They can increase the taxable estate to maximize estate taxes.
• B. They can reduce the taxable estate and transfer wealth efficiently to heirs via gifts, trusts, and charitable vehicles.
• C. They have no impact on estate taxes.
• D. They solely rely on cash gifts and ignore trusts.

Answer: (B)