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Is there a difference between estate tax and inheritance tax?

Oliver Flores | 2023-05-07 23:44:22 | page views：1768
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Noah Garcia

Works at Amazon, Lives in Seattle, WA
The key difference between estate and inheritance taxes lies in who is responsible for paying it. An estate tax is levied on the total value of a deceased person's money and property and is paid out of the decedent's assets before any distribution to beneficiaries.
2023-05-08 23:44:22
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Noah Wilson

QuesHub.com delivers expert answers and knowledge to you.
The key difference between estate and inheritance taxes lies in who is responsible for paying it. An estate tax is levied on the total value of a deceased person's money and property and is paid out of the decedent's assets before any distribution to beneficiaries.
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