Martin Shenkman, CPA/PFS, responds to questions about how last year's changes to estate and gift taxes could affect your clients. There are opportunities for significant savings and asset protection by making wealth transfers under the current scheme. It's important to take into account state laws and remember that these issues apply to everyone, not just the wealthiest clients, he says. Attend a PFP webinar on essential estate-planning considerations this Thursday. For registration information, see PFP News at the end of the digest.