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Originally Posted by rkzenrage
The same is true for spouses.
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Spouses don't pay estate tax. One of the legal benefits of marriage is shared estate.
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Tax us when we get it or when we spend it, that's it,
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The estate tax is for when the inheritors get it. It is levied on the estate instead of each individual inheritor for several reasons, including simplicity and the management of deferred tax assets. Can you imagine inheriting a large portfolio of stock, and having to figure out what the original purchase prices were, to calculate the capital gains? All of that is replaced by the estate tax.