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by thecrow1213 3710 days ago
Seriously, why? Doesn't estate taxes only apply to large large large estates, and wouldn't apply to the majority of homeowners in America?
1 comments

But note that a married couple gets twice that, so a married couple can give nearly $11 million to their children completely tax free (PLUS children get a step up in basis on any capital assets that are inherited). Only a teeny, teeny percentage of estates meet that threshold.
That's federal. In NJ, the line is $675k. It's different in other states, obviously.