The unified credit is designed to allow a minimum amount of lifetime transfers without triggering the imposition of a transfer tax.

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The unified credit, also known as the lifetime exemption, is a credit that allows individuals to transfer a certain amount of assets during their lifetime or after their death without incurring transfer taxes. This credit is designed to protect a minimum amount of transfers from being taxed, so it is true that it is intended to allow a minimum amount of lifetime transfers without triggering the imposition of a transfer tax.

The Unified Credit Is Designed to Allow a Minimum Amount