While it behooves everyone to build and maintain an estate and financial plan, it is paramount for ultra-high net worth individuals and their families. The significant loss of one's estate to the payment of state and federal estate taxes or state inheritance taxes should be a great motivator to put them in place. A variety of advanced estate planning techniques can be used by both individuals and married couples to limit estate and inheritance taxes and in some cases, completely eliminate them. Coupled with a sound financial plan, an estate plan will not only help build your wealth and minimize taxes, but also protect your beneficiaries for generations.