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12 states where your heirs could face an unexpected inheritance tax
State inheritance taxes can affect heirs even when federal estate taxes are avoided, making careful planning essential.
An inheritance tax is levied when a beneficiary inherits assets from the estate of someone who died. There is no federal inheritance tax, but five states currently levy this tax: Kentucky, Maryland, ...
Giving some of your estate away to charity can save your family thousands in inheritance tax. But common pitfalls could mean ...
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