How Inheritance Taxes Actually Work
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YouTubeSips & Tips with Lindsay
How Inheritance Taxes Actually Work
Worried about your loved ones getting slammed with taxes when they inherit your estate? Let’s clear up a common misconception: As of now, the federal inheritance tax exemption sits at a little over $12 million. So if you’re passing down $14 million (baller status!), only the amount over that exemption—in this case, $2 million—is subject ...
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