Difference between revisions of "Estate tax"

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An '''estate tax''' is generally a [[tax]] on the privilege of transferring [[property]] to others after a person's death. In addition to federal estate taxes, many states have their own estate taxes. It sometimes called a ''death tax''.
 
An '''estate tax''' is generally a [[tax]] on the privilege of transferring [[property]] to others after a person's death. In addition to federal estate taxes, many states have their own estate taxes. It sometimes called a ''death tax''.
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[[category:legal terms]]
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[[Category:Legal Terms]]

Revision as of 19:46, April 23, 2008

An estate tax is generally a tax on the privilege of transferring property to others after a person's death. In addition to federal estate taxes, many states have their own estate taxes. It sometimes called a death tax.