First to die taxes

Some people erroneously believe that the spouse that dies first  eliminates federal estate taxes due to the estate tax Unlimited Marital Deduction. Keep in mind, however, that this is merely a postponement of tax. It’s true that there is no tax at the first death, but at the second death, your assets will be piled on top of your spouse’s assets and taxed at the highest rate.

From physiciansnews.com.

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