Many people are under the impression that an inheritance tax and an estate tax are the same thing. As we stated previously, the estate tax is applied to the entire taxable portion of an estate. Learn more about heirs be forced to pay an inheritance tax in this presentation.
Timothy P. Murphy is an estate planning and elder law attorney whose practice emphasizes helping people to build, preserve and pass on their wealth. He works with his clients to accomplish their goals while avoiding unnecessary court proceedings and minimizing or eliminating exposure to death taxes.
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