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Washington has one transfer tax—the estate tax—but the federal government has three: estate tax, gift tax, and generation-skipping tax. While Washington’s lower exemption affects more estates, larger estates must also track federal exemptions when planning. In this video, we cover: ✔️ Washington’s estate tax ✔️ Federal estate, gift, & generation-skipping taxes ✔️ The 2025 federal estate tax exemption ($13.99M) ✔️ Gifting strategies to reduce taxes Understanding these taxes is key to protecting y
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