I am not following the people that post about their parents getting hit big time. Are you suggesting that your parents were somehow paying tax on someone else's estate? OR, are you saying that the decedent's estate was taxed, and that the amount owed on the assets of the estate were paid from the assets of the estate?
Again, I remain convinced that tax is there when the estate is significant. I have had estates over the minimums, and tax was owed....just, not usually.
And, Ceph, I am not picking on you. I think we ALL make statments that we think are right, and they might not be completely right, you know? No hard feelings, I hope. Just like to clarify some urban legends.
Bookmarks