When in doubt, pray.
December 28 2012
Unfortunate Fiscal Reality: “Someone kill grandpa before the taxes go up” http://t.co/jTBNMRcB #taxes #fiscalcliff #TCOT #P2
December 28, 2012
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Unfortunate Fiscal Reality: "Someone kill grandpa before the taxes go up"
When the laws pertaining to estate taxes make their switch in January, many families will lose millions of dollars compared to had their rich family members passed away earlier. Currently, the tax is set at 35% for estates valued at the inflation-adjusted $5 million minimum.