The Real-Estate Experts

Estate Tax

Estate Tax

Estate Tax: Understanding its Implications and Relevance

Estate tax, which is also called inheritance tax, is a tax that is paid on a person's property, assets, and personal belongings after they die. This tax is meant to get money from the transfer of wealth from one generation to the next. The estate tax is a very controversial topic. Some people say it is needed to reduce income inequality, while others say it punishes success and hard work. The tax...

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