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Re: SoxFan post# 62288

Tuesday, 01/07/2003 5:42:17 PM

Tuesday, January 07, 2003 5:42:17 PM

Post# of 704041
>>>Re: Inheritance tax - unfortunately you may have already paid taxes on that income but many people have not. Appreciation of assets doesn't generate taxes unless they are sold.<<<

I wouldn't have a problem if the assets were passed on at the original cost basis. I just don't see why my hiers would have to sell our family business to pay the tax man when I pass away. If they want to sell later let them pay the capital gains then.

Joe


Joe

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