No. of Recommendations: 3
So, to be clear, if the estate value is less than $5,250,000, then there's no estate tax due, correct?

Yes at the federal level, absent prior lifetime gifts in excess of annual exclusions which effectively lower that $5.25M amount.


Circular 230 Disclaimer - I'm a moron posting on the intermawebz, check with a real attorney/advisor, the IRS can roast you if you just rely on me and I'm wrong.
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