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More than likely most of the super wealthy have living trusts set up that will not be exposed to the estate taxes.
I am not 100% clear on the details of how it works but instead of "Uncle Benny" owning the house on the vineyard it would be the property of the trust once uncle Benny dies the executor of the estate would handle the management of the trust for the estate. Something to that affect. Maybe the Jiggin Lepin lawyer can shed some light on it, lol
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