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Yes you put everything into a trust and get your “friends" in congress to pass a law getting rid of the estate tax for 6 months and have the trust “die” and the
by danieltillett 10y ago
Yes you put everything into a trust and get your “friends" in congress to pass a law getting rid of the estate tax for 6 months and have the trust “die” and then set up a new one [1]. They almost got away with it [2].
1. https://en.wikipedia.org/wiki/Economic_Growth_and_Tax_Relief_Reconciliation_Act_of_2001#Estate_and_gift_tax_rules https://en.wikipedia.org/wiki/Economic_Growth_and_Tax_Relief...
2. https://en.wikipedia.org/wiki/Tax_Relief,_Unemployment_Insurance_Reauthorization,_and_Job_Creation_Act_of_2010 https://en.wikipedia.org/wiki/Tax_Relief,_Unemployment_Insur...