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BTW, Jon, I am going to assume that your estate is worth *more* than a
million bucks. If it is and you must die, do it before Jan 1, 2011 (and no, I am not wishing you dead like some folks on this forum have wished me). As of Jan 1, I believe the estate tax will go from 0 to 55% with up to the first million being untaxed. If you are worth, let's say 2 mill, your survivors will pay $550k on you estate. Your survivors owe the U.S. Government NOTHING, a tax such as what Obama has in store for us is onerous. Dave |
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