>>>You have certainly made or plan to make a family trust to minimize estate taxes and pass your estate to your heirs or worthy charities.
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>Presumably, but that's legal. FWIW, other countries did away with estate duties and gift duties and people still form trusts, because there are other good reasons.
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FWIW, some countries try to tax trusts and are constantly thinking about hiking inheritance/gift taxes.
>Also, FWIW the Australians have a stamp duty when you buy property. Up to about 5%. Very little protest about stamp duty- because it's difficult to mooch out of and is built into the price of property. Also it reduces annual property taxes because you've paid a big lump up front, meaning it advantages those who hold onto their property rather than buying and selling constantly.
Stamp taxes were raised here from 3% to 5% with no hint of reducing annual property taxes. Those are also deemed to low (by politicians)...
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