Asked 12/15/2009
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How To Avoid Inheritance Tax On Property How To Avoid Inheritance Tax On Property? |
Answer 1/1 - Submitted 1/29/2010
How To Avoid Inheritance Tax On Property
A well-drafted will solves many a mysteries and ambiguity related to property. According to law, gifts made to charities during the lifetime of the deceased or through his will are exempted form IHT. If the property is transferred to surviving spouse, such transfers are exempted from inheritance tax. Thanks for using webanswers_!
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