[Verse 1] When you're planning for the end of days There's a roadmap that can guide your ways Estate planning helps you organize How your wealth will transfer when you die Federal taxes take their hefty share But with proper planning you can prepare Forty percent can disappear so fast If you don't plan to make your money last [Chorus] G-I-F-T, give it while you're alive Annual exclusion keeps your wealth alive Eighteen thousand per person every year Tax-free giving keeps the IRS clear T-R-U-S-T, put your assets away Grantor, beneficiary, trustee at play Estate planning fundamentals every day Keep your legacy from fading away [Verse 2] Generation-skipping sounds complex But it helps your grandkids get their checks Skip a level, save on transfer tax Smart planning puts more money back Lifetime exemption's over twelve million Use it up before the government's taking Gift and estate taxes unified Plan ahead before your wealth has died [Chorus] G-I-F-T, give it while you're alive Annual exclusion keeps your wealth alive Eighteen thousand per person every year Tax-free giving keeps the IRS clear T-R-U-S-T, put your assets away Grantor, beneficiary, trustee at play Estate planning fundamentals every day Keep your legacy from fading away [Bridge] Revocable trusts can change and bend Irrevocable means it's set to the end GRAT and QPRT, advanced techniques For wealthy families with bigger dreams Step-up basis at the time of death Capital gains tax takes its last breath [Verse 3] Charitable giving helps reduce your load Deductions and good karma down the road Family limited partnerships too Keep control while gifting value through Discount valuations, leverage your gift Give more for less, that's the planning shift [Final Chorus] G-I-F-T, give it while you're alive Annual exclusion keeps your wealth alive Use exemptions before they disappear Tax-smart strategies keep your future clear T-R-U-S-T, structure wealth with care Three parties managing what you share Estate planning fundamentals everywhere Preserve your legacy for those who care [Outro] Plan today for tomorrow's needs Estate planning plants the seeds
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