Estate Equalization


Definition of "Estate equalization"

Beth Petrone real estate agent
Beth Petrone, Real Estate Agent Coldwell Banker Residential Brokerage - Wellesley

Technique of estate planning under which an estate is divided into two parts and taxed at a lower rate rather than remaining as a whole and taxed at a higher rate. This division may be necessary because of the progressive nature of the federal estate tax.

 

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