New developments in inheritance and gift tax law have led to an increased need for advice among clients who wish to protect their properties from government claims. This work provides advisors with the necessary information in a clear and practical format regarding the valuation of real estate, the determination of the heir's inheritance tax, the implications for the heir's income tax, the gift tax implications for gifts of real estate, the income tax implications for gifts of real estate, and outlines legal remedies available. This work is therefore the ideal companion for client consultations. Recent case law on inheritance tax law has already been taken into account.