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2010 a good year to lose a rich relative??


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The Estate Tax is one of the most egregious there is. I did hear somewhere that Congress already has a "retroactive" reinstatement of this tax in the works. So even if you die and leave your company to the children, or whatever, they will come back to steal, ahem collect, what they think they deserve from your hard earned lifetime of work.

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Guest Virginia Dawn

This is why I think it is a good idea to dole out your wealth before you go. You can gift a person up to $10,000 a year before they have to pay gift tax. Dh and I plan on dying dirt poor, after giving most of what we own away. The way things are going, we may have to die dirt poor anyway, Lol.

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