Estate and Inheritance Taxes

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Federal and state estate tax rules have been in flux for years--and there's no end in sight. Still, the vast majority of estates don't pay either state or federal estate tax, and that's not likely to change. Here, find out whether or not your estate is likely to owe tax, and if so, how you can take steps now to minimize the bill.

Just a few states still impose a separate inheritance tax. How much inheritance tax you pay depends, unlike an estate tax, on how closely you were related to the person who left you money.

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