Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.
Currently, if you die with an estate of more than $675,000.00, federal taxes must be paid. They start at 37%! If you are married, a living trust can allow you and your spouse to pass on to your beneficiaries up to $1.3 million free of estate tax. This will save your estate $250,000 in estate taxes.
