Death tax expires soon - people rush to death before 12/31/2012

( http://www.lawjournalbuffalo.com/news/article/current/2010/02/01/102036/death-tax-expires )

Bush admin allows American family offsprings to inherit from their parents for up to $10million for each person without paying any tax.  This law allows most Americans inherits estates from parents almost free of tax, as very few families exceeding $10million asset. This  law will be expired by Dec 31 2012. 

Starting next year, family exceeding > $1million will pay upto 45% inherit tax. Now aged rich daddy better to consider to die before the end of year than to live into early next year.

 

所有跟帖： 

• somebody die next Jan 1 will be regretted to death! -jjj7- ♂ (0 bytes) () 11/16/2012 postreply 10:35:13

• 哈哈，don't worry. They will be accelerated by their children. -texastrader- ♂ (0 bytes) () 11/16/2012 postreply 11:21:21

• lol -qka- ♀ (0 bytes) () 11/16/2012 postreply 10:52:27