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Posts tagged "estate tax. gift tax"

Married couples: tips for avoiding estate tax

In 2011 and 2012, only individuals who die leaving an estate worth more than $5 million need concern themselves with federal estate taxes. Married person having an estate worth less than $10 do not have to pay estate tax. Those who have larger estates need to look into ways to reduce estate tax liability. The following are some tips for saving on estate tax.