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Fiscal Cliff Tax Changes

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  3. Fiscal Cliff Tax Changes
  4. Estate Tax Exemption Remains at $5.12 Million

Estate Tax Exemption Remains at $5.12 Million

The first $5.12 million of one' estate valuation remains exempt from federal estate tax and will be indexed for inflation but the top tax rate on estates was changed from 35% to 40% for 2013.

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