Estate Tax Cuts May Not Last Forever

Summary


Q. I want to help my parents with some estate planning. How can I figure the likely size of the tax on their estate? And what are the best ways to reduce it?

Those seem like such simple, straightforward questions. Unfortunately, the answers aren't.

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Estate Tax Cuts May Not Last Forever

The biggest problem is that no one knows what will happen to the estate tax over the next few years. The federal tax cuts passed in 2001 gradually reduce this tax, then abolish it for people w...

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