[groanup]

Of course it will be taxed at 30% as soon as they spend it.

Bingo!! Right on the money!!. They won't HAVE to pay the tax because they won't HAVE to spend it. And it will all be there, not just 45% of it.

[lucysmom]

Bingo!! Right on the money!!. They won't HAVE to pay the tax because they won't HAVE to spend it. And it will all be there, not just 45% of it.

So, then, what's the point?

If your estate is large enough that inheritance taxes are a worry, then perhaps you should do some estate planning. Its easier and faster than counting on the passage of a bill.