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Ross & Ross represent clients in New York and New Jersey
If you (or you and your spouse) expect that your estate may owe the tax, consider creating a living trust, AB trust or Bypass trust, that may save on federal estate tax. If you don't, there may be a big estate tax bill when the second spouse dies. That's because the surviving spouse's estate will include his or her share of the couple's property plus the property inherited from the deceased spouse. A living trust will also avoid probate.
Ross & Ross Attorneys at Law, LLC
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