Joshua Rubenstein, Chair of the firm's Trusts and Estates Practice, was quoted in an article in the Financial Post on estate taxes, which vary widely by state—leading some to consider moving and others to make lifetime gifts. Mr. Rubenstein notes that state estate taxes are generally deducted from the value of the estate before calculating federal estate taxes. He says that taxpayers should consider putting assets like homes in other states in qualified personal residence trusts, which give up ownership of the home and move it out of the estate, and then put it in a limited liability company to put it out of the reach of local state taxes. ("For death and taxes, Americans shop around," March 22, 2011)