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My estate is under $3,500,000.00 and is therefore not subject to Federal Estate Tax. Do I therefore need to consider estate planning?

April 26, 2017Estate estate planning estate tax Federal Subject

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My estate is under $3,500,000.00 and is therefore not subject to Federal Estate Tax. Do I therefore need to consider estate planning?

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Yes. You should still consider a living trust or other probate avoidance technique to reduce the amount of time and money it will cost your heirs to have your estate settled.