Federal estate tax system

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Reference no: EM1358338

Many states base their estate tax laws on the federal tax system. Since the end of 2004 some states have decoupled from the federal estate tax. Research and discuss whether your New Hampshire state is currently tied to the federal estate tax system, and if not, how the estate tax is assessed, if at all (hint: search for state "pick-up" or "sponge" taxes).

Reference no: EM1358338

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