rocketwarrior
Well-known member
- Joined
- Jun 24, 2006
- Messages
- 454
Death "and taxes"
Obviously I cannot speak to any "sheltering devices" that may or may not have been employed, but the portion of his estate which transfers after death and exceeds $3.5 million is subject to a 45% Federal Estate Tax. Gosh, if he hadn't gotten into so much financial trouble we might have been able to balance the budget.
Obviously I cannot speak to any "sheltering devices" that may or may not have been employed, but the portion of his estate which transfers after death and exceeds $3.5 million is subject to a 45% Federal Estate Tax. Gosh, if he hadn't gotten into so much financial trouble we might have been able to balance the budget.