Bipartisan group backs bill to fully repeal estate tax

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A bipartisan group of lawmakers has introduced legislation that would fully repeal the estate tax.

The bill would permanently repeal the estate tax and lower the gift tax to 35 percent with a $5 million exemption.

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Published In: Wills, Trusts, & Estate Planning Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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