Quote Originally Posted by Ceph
lol, thank you...you said it better then me...it keeps on getting garbled when I try to say things. My grandad's estate was worth over 1m because he was a successful doctor and had his own practice and a house in an area that was rapidly growing. After Dad inherited the house and Uncle Max inherited the practice there was nothing left at all. I dont know how it is in other states, but MD has a lower exclusion than alot of other states.

And I dunno...its not really fair that it got taxed while he was alive and then taxed again.

and there, I have said my piece....It may be different in other states, but at least that is how it is here.
My husband and I were talking about this. When his dad passes away he has a substantial amount of money saved and in his insurance to give to his two kids and his wife. He earned quite a decent amount of money during his lifetime. he was/is a nuclear technician. But they didn't live a life of luxury. He used what he had to to provide for his family. They had good food a nice home and things of that sort but every extra cent went into a fund to leave to his family when he passes. (should we tax him extra because he makes more money than the rest of us even though that money is going to provide for his family when he passes on? Seems many of you think so. YES let's gyp his family so that we don't have to pay as much tax as him)

now he has already paid taxes on that money. Actually twice. he pays taxes on the funds he has saved up and he paid taxes when he first got the money in his pay chq. NOW they want to tax it again when he passes on and they deal out his estate. Why should the government be able to tax it three times? the tax on that money and those goods has already been paid. it is wrong to take money from his family that has already been taxed just because it is "changing hands"