Reply to Predicting Estate Value?

Forum Index » Money and Finances

Reply to "Predicting Estate Value?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[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 does not.  It just makes the $15M/person with adjustments for inflation permanent.  It was set to expire and return to ~$5.5M on Dec 31, 2025 based on the 2017 bill.

So it basically will make it "permanent" until a new congress changes it.  [/quote]

So it maintains the status wuo on estate taxes instead of increasing estate taxes?

Why would anyone object to that?[/quote]

Because it is a source of income to help with the massive debt we have.  However, it's a small source.  More good would come from putting the tax brackets back to pre 2017 levels.  As most people worth $15M+ (or $30M+ as a couple) are smart enough to legally avoid estate taxes, and quite frankly there are not that many worth that much.

[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics