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can someone tell me if there is a death tax and if so, what it is now?
Posted on 8/8/11 at 12:44 pm
Posted on 8/8/11 at 12:44 pm
I have heard so many things that I am not sure what the % is or even if there is one.
thanks for any info
thanks for any info
2
Posted on 8/8/11 at 12:54 pm to wryder1
It really depends on what type of assets and the quality of the estate planning.
Posted on 8/8/11 at 1:37 pm to TheHiddenFlask
Let's say $1 million+ in cash, $5 million+ in assets and a really good business making a couple million in profits.
Posted on 8/8/11 at 1:38 pm to wryder1
Posted on 8/8/11 at 2:37 pm to wryder1
35 percent of assets exceeding 5 million is the general rule until 2013. Then it is 55 percent of assets exceeding 1 million. Die early and often.
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