GC arrived today

Thread Tools
 
Old Feb 1st 2001, 1:23 pm
  #61  
paulgani
Guest
 
Posts: n/a
Default

If there is no estate tax for USC as paulgani said, then why were the
> Republicans trying to repeal the Estate Tax law during last years
Congress?

I never said there was no estate tax. I said there was no estate tax due when a spouse
dies. If you are a USC, you can inherit an unlimited amount from your spouse without
paying any FEDERAL estate tax.

However, if the surviving spouse dies, and the estate goes to the children, then estate
tax becomes due.

Paulgani
 
Old Feb 1st 2001, 2:15 pm
  #62  
RJLiles
Guest
 
Posts: n/a
Default

My bad, sorry miss read what you said.

> > If there is no estate tax for USC as paulgani said, then why were the Republicans
> > trying to repeal the Estate Tax law during last years
> Congress?
>
> I never said there was no estate tax. I said there was no estate tax due when a spouse
> dies. If you are a USC, you can inherit an unlimited amount from your spouse without
> paying any FEDERAL estate tax.
>
> However, if the surviving spouse dies, and the estate goes to the
children,
> then estate tax becomes due.
>
> Paulgani
>
>
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.