News Focus
News Focus
Followers 28
Posts 4933
Boards Moderated 0
Alias Born 07/07/2002

Re: Joe Stocks post# 62255

Tuesday, 01/07/2003 4:44:19 PM

Tuesday, January 07, 2003 4:44:19 PM

Post# of 704041
Why should my heirs be taxed again when I pass it on to them?

You may have to talk to you state legislature. Most states recoup any reductions in Federal estate tax as a tax preference item. I don't think reduction in estate taxes currently on the table will reduce total taxes paid upon death.

I do gift the $10K every year to my daughter's trust fund. I would be hard pressed to avoid estate tax besides life insurance proceeeds.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today