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What will the estate-tax rate be under Sensible Tax Reform?

April 26, 2017rate reform sensible tax

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What will the estate-tax rate be under Sensible Tax Reform?

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0%. There will be no estate tax. After the estate is calculated, the total will be reduced by the $5 million exclusion plus the deduction for unlimited charitable contributions. The entire estate will then pass directly to the heirs. No estate tax will be assessed at all.