You are here: Home FAQ FAQ Understanding Living Trusts 17. How can a living trust save on estate taxes?

17. How can a living trust save on estate taxes?

Your estate will have to pay federal estate taxes if its net value when you die is more than the “exempt” amount at that time. (Your state may also have its own death or inheritance tax.) If you are married, your living trust can include a provision that will let you and your spouse use both of your exemptions, saving a substantial amount of money for your loved ones.

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