Some estate require additional planning due to the types of assets involved or the value of the estate. If the value of your estate exceeds the estate tax exemption amount (currently approximately $11.2 million per person), you should examine whether one of the advanced estate planning techniques can help minimize taxes within the framework of your overall estate planning goals and objectives. If you are a small business owner who would like to minimize your tax exposure when transferring your business to the next generation, some of the advanced estate planning techniques could benefit you.