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My father's estate is well over the $675,000 Unified Credit limit.
In order to reduce his estate someone recomended to me that since I am a trustee and am managing his finaces that I can take out a certain % of his estate for payment of managing his affairs. Is this true and if so how much can I take out as payment without doing anything illegal? If my brother is also a trustee and is helping me in this effort, can he take out a portion as well?
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