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New Estate Tax Law Poses Dilemma For The Rich
Forbes ^
| Deborah L. Jacobs
Posted on 02/03/2011 6:20:40 AM PST by Skeez
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To: CaspersGh0sts
All of it was set aside in a trust or gradually and incrementally given away tax free to his heirs using the maximum gift allowance
You can move the money between generations, but as you point out the trusts can't pay it out in excess of the maximums without tax being due on the difference - it's not (as many believe) "tax-free" by virtue of its bring paid by a trust.
To: M. Dodge Thomas
The only folks seeming to benefit from taxing the productive are 1) parasites and 2) politicians and union stooges. Now that we know where the money is going, it's time for the productive to go after those leeches that are destroying the host.
22
posted on
02/03/2011 10:50:22 PM PST
by
MasterGunner01
(To err is human; to forgive is not our policy. -- SEAL Team SIX)
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