Sidney dies and leaves property to his sister Giselle. Thirteen months later, Giselle dies. Giselle's estate can claim a full credit for any Federal estate taxes paid by Sidney's estate as to amounts passing to Giselle.

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Giselle's estate can claim a credit for any federal estate taxes paid by Sidney's estate on amounts passing to Giselle. This is known as the "credit for tax on prior transfers."

Sidney Dies and Leaves Property to His Sister Giselle