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Non-Tech : Estate Planning

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To: Taxboy who wrote (21)4/1/1998 9:03:00 PM
From: posthumousone  Read Replies (2) of 36
 
The exemption is $625,000 for decedents dying in 1998. It increases to $1,000,000 by the year 2006. Hate to quibble.

does this mean if you die and have less then 625,000 you pay no taxes to distribute wealth to heirs?
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