How to avoid a high estate tax bill

If you’re paying a high Estate Tax bill, you may be eligible for an additional exemption if your assets exceed $5 million.

In the UK, you can be eligible to receive an additional $25,000 tax-free from the end of the year if your taxable assets exceed £5 million (the amount of your estate tax liability).

This can be as much as a third of your taxable wealth if you’ve been in a position of “qualified trust” status for more than a year.

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