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re: IRS collected a gargantuan $7 billion estate tax from a single source, nobody knows who

Posted on 4/18/24 at 6:40 pm to
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7734 posts
Posted on 4/18/24 at 6:40 pm to
I came here to say someone did a poor job of estate planning to let Uncle Sam take that much wealth from future generations.

Hypothetically, how much of that “wealth” could have been saved by trusts and other tax avoidance schemes?
Posted by WyattDonnelly
Member since Feb 2024
207 posts
Posted on 4/18/24 at 10:14 pm to
All of it. There is zero reason to ever have to pay an estate tax. Could have been 0.
This post was edited on 4/18/24 at 10:15 pm
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