Friday, May 21, 2010

Proposed estate tax: pay now, die later

Would a prepayment option work? Probably not for everyone. It would be great for people with liquid assets who can easily pay the taxes on the assets they put into the prepayment trust. However, for small-business owners and family farm owners with illiquid assets, the benefits would not be as apparent. We will have to wait and see if this proposal gets off of the ground.

Posted via web from The Modern Planner

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