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  • New Estate Tax Law
    The sweeping tax overhaul that President Obama signed Dec. 17, 2010 raising the exemption from federal estate tax to $5 million a person, includes a wonderful new break for widows and widowers.
  • State Estate Tax
    Like the federal estate tax, state levies are in flux. As of mid-2010, 19 states imposed taxes on estates not left to a spouse or charity.

 

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