One way is to reduce taxes on your estate so your kids will inherit more money is to give it to them before you die. If not, you may be at risk of dying with too much money. This means you will end up paying a lot of tax on your death, and worse, it means you didn’t spend more and do more, or help your kids, when you could have. The risk of dying with too much is sometimes associated with not having a good handle on what your money can do for you over your lifetime.