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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Chance are good that she’ll be over $14 million and you could be setting aside some money for paying estate taxes prior to distributing. Expect about $3 million. [/quote]

I think the Big Bill eliminates estate taxes.  [/quote]

No, it just makes the threshold higher. I think $15m[/quote]wasn’t it already over that? [/quote]

No, a little under, which is still ridiculous. Inherited wealth is the opposite of meritocracy (and I say that as someone who will likely inherit some wealth)[/quote]

Yes, but the problem is it’s not always a pile of money. It’s a business or other illiquid assets.

[/quote]

If someone has $10m of $5m in a business or illiquid assets, they can make provisions for the taxes.  If they don't, that's their fault.  There is no rational reason to based US tax policy on those extremely wealthy who can't be bothered to properly structure their assets.  It's rewarding people for bring idiots.   In that way, it's a lot like the GOP primaries . . . but that's another conversation.  [/quote]

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