For affluent individuals and families there are many obstacles established by the government that attempt to tax your assets as you pass them along to future generations. There are additional concerns that creditors, such as plaintiffs in lawsuits against you, will try to take the assets you have accrued during your life away from you, your spouse, or your children. With proper estate planning for the wealthy by an experienced attorney, your assets can be preserved, and estate and gift taxes can be controlled and planned for, allowing you to pass more to future generations. The earlier you put a plan in place, the more you can save for your family.