Estate tax
Do you expect that your heirs will be required to pay estate tax when they inherit your estate?
Even though most respondents have annual revenue of $1 million or less, 47% still thought it likely their heirs would owe taxes on their estate. Both candidates favor an exemption of at least $3.5 million before estate taxes would be levied; at that rate, the Congressional Budget Office estimates that fewer than 100 family businesses each year would incur the tax.
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