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estate tax
(redirected from inheritance tax)

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

estate tax n. generally a federal tax on the transfer of a dead person's assets to his heirs and beneficiaries. Although a transfer tax, it is based on the amount in the decedent's estate (including distribution from a trust at the death), and can include insurance proceeds. Currently such federal taxation applies to the amount of an estate above $600,000, or as much as double that amount if the estate is distributed to a wife. Some states have an estate tax, more commonly called an inheritance tax.



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Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate It also means that by inheritance tax planning you can maximize inheritance tax reliefs and exemptions if your estate might be worth more than the inheritance tax threshold when you die Plan ahead for your spouse, kids and next of kin by setting out clearly who and what they get from your estate.
Unfortunately, inheritance tax is something that everyone is going to have to think about at some point in time especially if you are planning on leaving something for your children to inherit There are a couple of things that you can do when it comes to inheritance tax Unfortunately, inheritance tax is something that everyone is going to have to think about at some point in time especially if you are planning on leaving something for your children to inherit.
IT is important we all challenge the Tory plan to raise the inheritance tax threshold, a policy that does nothing for 96% of families in this country.
 
 
 
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