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Filing an Estate Tax Return

This post was originally published on this siteWhat is an estate tax return? When you die, you will leave behind all your property (everything you own) and debts (everything you owe). All this is called your estate. After the debts have been paid, the various items...

Limits on Trusts

This post was originally published on this siteThe hanging power is a way of managing the five or five power (described above). A hanging power allows you to make gifts in excess of $5,000 or 5% of the value of the trust, yet avoid the lapse problem. This is...