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00:04
well one common misconception is their
00:06
death tax that everybody pays when
00:08
somebody dies and that’s a totally a
00:10
misnomer um
00:12
estate tax is only for estates worth
00:14
almost 12 million or more
00:16
so it doesn’t cover it doesn’t um affect
00:19
many people another common misconception
00:21
is that when you die everything just
00:23
automatically goes to your spouse and if
00:25
you get sick your spouse can
00:27
automatically handle any asset that’s
00:29
just in your name alone and both of
00:31
those are very strong misconceptions
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St. Louis, MO estate & probate attorney Martha Brown debunks some of the biggest estate planning myths.