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Estate Tax

Should You Worry about the Estate Tax?

The estate tax currently affects only a tiny fraction of people in Florida. But even if you’re in its bullseye, there are ways to limit its effect

People who hate it call it the death tax. People who want to see it increase label it the Paris Hilton tax. But despite the intense passions, the estate tax actually plays a role in only a very tiny sliver of Florida probates.

Also called an inheritance tax, the estate tax is a levy on the transfer of a taxable estate from a deceased person to their heirs. It was created by federal law. Read more