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Reply to "Parents/in-laws paying estate tax to avoid giving while alive"
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[quote=Anonymous]They can set up irrevocable trusts that don’t pay out until one or both of them die. That way they will avoid paying estate taxes and avoid giving while they are alive. My parents have done this but they are also generous with annual gifts and funding 529 plans for grandchildren. My siblings and I are all successful and we can meet all of our own needs but this down the road safety net is very comforting and will also really benefit their grandchildren.[/quote]
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