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Asked 8/1/2010

Can a simple trust avoid this death tax?

If the inheritance tax is reinstated in 2011 can a trust be put in place with the necessary assets to avoid this tax?

 
 
 
 
 
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Answer 1/1 - Submitted 8/2/2010

Trusts do not enable you to avoid the inheritance tax. They are not subject to probate, so they are easier for the heirs to deal with, but they still count as part of the gross estate.

 
 
 
 
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