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by Answerbag Staff on October 30th, 2009

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How long must a trust be in place to avoid inheritance tax?

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  • by Lynn Lauren on October 30th, 2009

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    Professionally Researched. (What's this?)

    An irrevocable trust must be in place a total of three years before the grantor's death. The grantor would not be able to touch the trust, unless dire circumstances are proven. Therefore, the money must sit in the trust for a total of three years, subject to current tax laws.

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    Grand Times

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