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Gift Now and Avoid Estate Tax

If you have a net worth of $1M or more (or as a couple, $2M or more), and act now, you could forever remove the threat of estate tax. But if you don’t act by the end of the year, you will miss a historic opportunity. The 2012 estate tax exclusion and gift tax exclusion are both $5,120,000 - way higher than they have ever been. But unless Congress and the President…

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