15959. STRATEGEMS IN AVOIDING ESTATE TAXES. This paper discusses the importance of having a will for wealthy individuals and describes various methods for reducing or eliminating estate taxes at the time of death, including the use of tax-free gifts, trusts and charitable donations, among others. KEYWORDS: estate tax death tax estate planning personal finance wealth management. 19 pages; 42 footnotes; 10 bibliographic sources. 4,523 words.