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Fiduciaries must temper investors' attraction to high returns, which can often result in the payment of unexpected taxes and exposure to unexpected losses. In the united states, federal and state governments need money to provide certain services and benefits that we wouldn't otherwise have access to, from so. A tax collector may not be a friend to all but someone has to do the job. If you're getting a refund, the clock starts ticking after you file your taxes. Estate tax is collected by the federal government, while inheritance tax is state imposed.
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