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Last Updated: April 30, 2008
The estate tax exemption, from 2006 to 2008, is $2 million. Most Americans do not have to pay estate taxes because the unified credit exemption more than covers the value of their estate assets. If your estate is greater than the unified credit exemption amount, contact an estate planning attorney for a review of your assets and personalized advice on how to best title them to minimize estate taxes.
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