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Estate Tax

Estate Tax (noun): The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything...

Estate Tax (noun): The Estate Tax is a tax on your right to transfer property at your death. It consists of an accounting of everything you own or have certain interests in at the date of death. It is a tax levied on the net value of the estate of a deceased person before distribution to the heirs.

Words commonly used with this term include:

  • Will
  • Trust
  • Estate
  • Probate
  • EIN Number

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