Equalization of assets
Equalization of assets
Financial glossary
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Finance
Definition of equalization of assets
Equalization of assets: A process by which spouses can share out their assets into equal sized portions to avoid paying large amounts of inheritance tax if the otherwise wealthier partner dies before the other. It can also be used to avoid or reduce liability to capital gains tax.
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Glossary of financial terms
Financial glossary index of law terms
Definition and meaning of equalization of assets
Meaning of equalization of assets
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