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Estate tax in the United States - Wikipedia


The estate tax in the United States is a tax on the transfer of the estate of a deceased person. .... For a person dying during 2006, 2007, or 2008, the " applicable exclusion amount" is $2...

Estate Tax: Will Your Estate Have to Pay? | Nolo.com


For example, say a man dies and leaves $4 million to his widow; no estate tax is owed because property left to a spouse is tax-free. The widow then dies, leaving  ...

The Surviving Spouse Estate Tax Trap - Forbes


Mar 25, 2015 ... Surviving spouses need to decide whether or not to file an estate tax ... The IRS initially gave relief to those who died in the first half of 2011.

A Married Couple's Guide To Estate Planning - Forbes


Jan 9, 2013 ... Here's how these trusts work: When the first spouse dies, the trust is funded with up to the tax-free exemption amount. The trust distributes ...

Estate Tax - IRS.gov


Oct 28, 2016 ... The Estate Tax is a tax on your right to transfer property at your death. ... expenses, property that passes to surviving spouses and qualified charities. ... dying in 2009; and $5,000,000 or more for decedent's dying in 2010 and ...

Death in the Family - TurboTax Tax Tips & Videos


When a taxpayer dies, a new taxpaying entity – the taxpayer's estate – is born to .... spouse, which is available only for the tax year in which the spouse dies.

Estate Tax Panning for Married Couples: Using Estate Tax Exemptions


Mar 7, 2016 ... Current law allows the first spouse to die to leave property of unlimited value to the surviving spouse without incurring any estate tax at the first ...

Tax Filing Status After Death Of Spouse: What Do I Do? | Bankrate.com


Jan 22, 2015 ... The tax-filing status after the death of a spouse is fairly straightforward. If your spouse dies during the year, the IRS considers you married for ...

How to Reduce or Eliminate Estate Taxes - EstatePlanning.com


If your spouse is a U.S. citizen, you can leave him or her an unlimited amount when you die with no estate tax. But there can be problems when the second ...

Estate Taxation | ElderLawAnswers


The law permanently set the estate tax exemption at $5 million for an ... This means that if the first spouse to die does not use all of his or her $5.45 million ...