[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:	Market Investing

Moderator:	2155::michaud

Created:	Thu Jan 23 1992
Last Modified:	Thu Jun 05 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	1060
Total number of notes:	10477

963.0. "Inheritance tax planning" by SCASS1::STILLINGS (What Customer Told You That?) Mon Jan 08 1996 10:02

    Is there a conference on Taxes?  If so I will repost.
    
    Is there anything special I can do or should be aware of to prepare for
    a modest amount coming to my wife?  Any way to avoid or defer taxes? 
    Make any difference if it comes in stock certificates or cash?  Or
    partially as a trust fund?
    
    I have always thought of tax planning as something that takes place on
    the estate side, not the receiver side.
    
    Thanks...jeff stillings

T.R	Title	User	Personal Name	Date	Lines
963.1	Estate pays the taxes	DELNI::DHILL		`Mon Jan 08 1996 10:06`	8
	Re: Inheritance Tax If you are the RECEIVER, it is NOT a taxable event (i.e. the money is "tax-free"). You are correct in believing it is the estates responsibility to pay taxes prior to distribution. (This assumes you are in the US and your state has "typical" inheritance tax laws.)
963.2	Xref	2155::michaud	Jeff Michaud - ObjectBroker	`Mon Jan 08 1996 10:44`	1
	519 SDSVAX::SWEENEY 7-JUL-1993 15 Investment of inheritance
963.3	Stepped Up Value on House?	ICS::MANDEVILLE		`Fri Sep 27 1996 12:04`	45
963.4		2155::michaud	Jeff Michaud - ObjectBroker	`Fri Sep 27 1996 12:29`	14
963.5	Robbery of the dead	CIRCUS::DODGE		`Fri Sep 27 1996 13:47`	38
963.6		PADC::KOLLING	Karen	`Fri Sep 27 1996 15:05`	7
963.7		2155::michaud	Jeff Michaud - ObjectBroker	`Fri Sep 27 1996 15:54`	56