Re: Estate Taxes



"Jerry Okamura" <okamuraj005@xxxxxxxxxxxxx> wrote in message
news:glhtg.14352$MF6.8860@xxxxxxxxxxxxxxxxxxxxxxx
It seems to me that both parties are hyping the story about Estate Taxes.
I would think that any person with a whole lot of assets can avoid the
estate tax simply by putting all or most of it into an irrevocable
trust.... Am I wrong?
=====================================================

Yes, you are wrong.
There is really no way to avoid the Estate Tax. Multiple gifts of 12K, or
less, will help.

McDave
==================================================



.

Relevant Pages

  • Re: Estate Taxes
    ... There is really no way to avoid the Estate Tax. ... But my lawyers told me that an irrevocable trust is not classified as a ... "gift", for gift tax purposes.. ...
    (soc.retirement)
  • Getting married in a week...
    ... cost more than $2,000+ to create). ... All to avoid the estate tax (were I to die, ...
    (soc.men)
  • Re: Getting married in a week...
    ... All to avoid the estate tax (were I to die, ... not have to pay 45% estate tax). ...
    (soc.men)
  • Re: Getting married in a week...
    ... All to avoid the estate tax (were I to die, ... not have to pay 45% estate tax). ...
    (soc.men)
  • Re: Estate Taxes
    ... Estate Taxes. ... lot of assets can avoid the estate tax simply by putting all ...
    (soc.retirement)