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Posts Tagged ‘AB Trusts’

Estate Tax Law Changes Raise Important Question

On January 1, 2013, when Congress made the Estate Tax Law permanent, it set the exemption for estate and gift taxes at $5.25 million, per person, and it allowed any person’s unused estate and gift tax exemption to be carried over by their surviving spouse (i.e. “portability”). As a result, very, very few couples are now subjected to estate and gift taxes or are ever likely to be. Therefore, for […]

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