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10. Estate and Gift Tax – Part 1

This is part 10 in my series, Estate Planning – What You Need to Know. Part 10. Estate and Gift Tax - Part 1 The estate tax, aka the death tax, and the gift tax are separate but related. Let’s start with the estate tax. Estate Tax The estate tax is the tax the federal and state government levies on your estate when you die. The tax is based on the value…

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