State estate-tax loopholes offer tax-savings opportunities

02/7/2012 | Nerd's Eye View blog

Financial planner Michael Kitces noted that the federal gift-tax exemption had decoupled from state estate-tax exemptions last year, creating opportunities for planners until states close the loopholes. This allows taxpayers in many states to completely eliminate any estate-tax burden on estates between $1 million and $5 million, Kitces writes.

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