4 ms·
In general, if you can't afford a lawyer to set up paperwork, you won't have enough to trigger the tax, though. The outrage about the inheritance tax is general
by Broken_Hippo 6y ago
In general, if you can't afford a lawyer to set up paperwork, you won't have enough to trigger the tax, though. The outrage about the inheritance tax is generally misplaced.
And to be fair, that last bit is simply the US tax system: If you can lawyers and accountants, you might not pay much tax. Unfortunately, change requires congressional action and folks working together.
- AnthonyMouse 6y ago> In general, if you can't afford a lawyer to set up paperwork, you won't have enough to trigger the tax, though. The outrage about the inheritance tax is generally misplaced. The outrage is that it's a trap for the unwary. Billionaires don't pay it but family businesses who didn't realize they had assets in excess of the threshold do, or people who die young before doing the preparation. If you can avoid it just by hiring an accountant then it shouldn't exist.