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Currently I have my wife set up as the beneficiary to my 401K, IRA and insurance policies. Since these were originally set up, kids have come along. Value of these total more than the $625K exclusion. To protect the exclusion amount, I have been considering an A/B trust and assigning it as the beneficiary to these accounts. Does this make sense? Are there some tax potholes to setting things up in this manner? And is this the most logical apporach with minors involved?

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