THIS NEWEST TAX WILL CRUSH YOU AND YOUR CHILDREN

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THIS NEWEST TAX WILL CRUSH YOU AND YOUR CHILDREN

Submitted by Dave Hodges on Friday, October 1, 2021 - 12:59.

Other Arrangements

Linda Williams Fri, 10/01/2021 - 17:23

Comment

Why not give your property to your son while you are alive? Also, how do trust funds work? And, there can be other methods--innovated the affluent, but less than wealthy. Isn't it overly expensive to hire an executor to work out a will? So, possibly, the legislators are simply providing incentives to find better ways of managing your assets.

Inheritance taxes

Charles H Slate Fri, 10/01/2021 - 20:22

Comment

To avoid paying an exorbitant inheritance tax consider the “transfer of title reserving life use” option. This isn’t a death-bed/last-minute type of arrangement since it has to be in effect for some number of years for it to be binding. This is what my parents did. When my father died, my sister and I did not inherit our house because we had been owners of the title for over twenty years. This was in Connecticut. I don’t know about other states.

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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