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Estate tax is collected by the federal government, while inheritance tax is state imposed.
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A tax collector may not be a friend to all but someone has to do the job. When stocks, real estate and other types of investments are sold for a profit — meaning they earned the owner income because they sold at a price higher than that at which they were bought — this unique. And the more we know about them as adults the easier our finances become. Here's what you need to know about getting a tax appraisal. Taxes may not be the most exciting financial topic, but they're definitely important.
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Estate tax is collected by the federal government, while inheritance tax is state imposed.
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