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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''.
 
The Federal and state governments both levy estate taxes in the U.S. The federal tax is scheduled to expire in 2010.
[[Category:Legal Terms]]
[[Category:Taxation]]
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