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Home 2018 March 12 17 Clever Tips to Take Advantage of the New Tax Plan

17 Clever Tips to Take Advantage of the New Tax Plan

BE THE SON OR DAUGHTER OF A MILLIONAIRE

The top estate tax rate of 40 percent applies when multimillionaires transfer property valued at more than $5.5 million to their next of kin. Trump’s tax plan doubles the deduction to $11.2 million for singles and $22.4 million for married couples, so the heirs and heiresses to vast estates — like Trump’s own children — get to keep more of their inheritance.

Mar 12, 2018cleverfinance
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